Commitments and Contingencies Commitments and Contingencies (Policies)

12 Months Ended

Dec. 31, 2017

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

Commitments and Contingencies

Rental and lease expense was $4.2 million, $5.7 million, $4.5 million and $16.8 million for the year ended December 31, 2017 (successor), the period of April 23, 2016 through December 31, 2016 (successor), the period of January 1, 2016 through April 22, 2016 (predecessor) and the year ended December 31, 2015 (predecessor), respectively. The rental and lease expense primarily relates to compressor rentals and the lease of our office space in Houston, Texas. During 2016 the Company entered into a new four-year sub-lease agreement for office space in Houston, Texas. The operating lease commenced on January 1, 2017. Additionally, on August 31, 2017 we amended the sub-lease agreement for additional office space. As of December 31, 2017, the minimum contractual obligations were approximately $2.0 million in the aggregate. Our policy is to amortize the total payments under the lease agreement on a straight-line basis over the term of the lease.

Our minimum annual obligations under non-cancelable operating lease commitments were $4.6 million for 2018, $0.7 million for 2019, $0.6 million for 2020, $0.3 million for 2021 and approximately $6.2 million in the aggregate.

We have gas transportation and processing minimum obligations amounting to $6.8 million for 2018, $8.4 million for 2019, $7.5 million for 2020, $0.3 million for 2021 and $23.0 million in the aggregate.

In the ordinary course of business, we are party to various legal actions, which arise primarily from our activities as operator of oil and natural gas wells. In management's opinion, the outcome of any such currently pending legal actions will not have a material adverse effect on our financial position or results of operations.