Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Long-term debt

Our debt balances as of December 31, 2015 and 2014, were as follows (in thousands):

	December 31, 2015			December 31, 2014
7.125% senior notes due in 2017 (1)	$	—		$	250,000
8.875% senior notes due in 2020 (1)	—			222,775
7.875% senior notes due in 2022 (1)	—			404,459
Bank Borrowings	324,900			197,300
Total Debt	$	324,900		$	1,074,534
Less: Current portion of long-term debt  (2)	(324,900		)	—
Long-Term Debt	$	—		$	1,074,534
(1) Classified as Liabilities Subject to Compromise as of December 31, 2015
(2) As a result of our Chapter 11 filing, we have classified our credit facility borrowings as current at December 31, 2015.