Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2016

Our debt balances as of December 31, 2016 and 2015, were as follows (in thousands):



	Successor		Predecessor
	December 31, 2016		December 31, 2015
7.125% senior notes due in 2017 ⁽¹⁾	—		—
8.875% senior notes due in 2020 ⁽¹⁾	—		—
7.875% senior notes due in 2022 ⁽¹⁾	—		—
Bank Borrowings	$	198,000	$	324,900
Total Debt	198,000		324,900
Less: Current portion of long-term debt ⁽²⁾	$	—	$	(324,900	)
Long-Term Debt	$	198,000	$	—
(1) Classified as Liabilities Subject to Compromise as of December 31, 2015
(2) As a result of our Chapter 11 filing, we classified our credit facility borrowings as current at December 31, 2015.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details