Debt (Tables)

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

As of June 30, 2020, our outstanding debt obligations were as follows (amounts in thousands):

	Successor
	June 30, 2020
Convertible Notes	$	129,771
Senior Secured Notes	78,125

Convertible Debt [Table Text Block]

The below table summarizes the allocation of issuance proceeds, fair value and debt issuance costs to the liability and equity components of the Convertible Notes at the Fresh Start Reporting Date (in thousands):

	Successor
	Liability Component			Equity Component			Total
Issuance proceeds, net of Backstop Commitment Premium	$	43,738		$	76,449		$	120,187
Face value	47,225			82,546			129,771
Issuance discount	23,195			40,542			63,737
Fair value	$	70,420		$	123,088		$	193,508
Debt issuance costs	(1,268		)	(2,216		)	(3,484		)
Net carrying value at Fresh Start Reporting Date	$	69,152		$	120,872		$	190,024

Schedule of Unamortized Debt Issuance Costs and Discounts [Table Text Block]

Our unamortized debt issuance costs and discounts are presented below (amounts in thousands):

	Successor
	June 30, 2020
Unamortized discount on Convertible Notes (based on imputed interest rate of 20.9%)	$	58,680
Unamortized discount on Senior Secured Notes (based on imputed interest rate of 13.2%)	3,083
Unamortized debt issuance costs	4,153