Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2016

Significant Accounting Policies

Schedule of components of liabilities subject to compromise

	March 31, 2016		December 31, 2015
	(in thousands)
Accounts payable	$	23,649	$	23,655
Accrued liabilities		12,522		12,108
Accrued interest payable		74,222		74,222
Debt		2,752,149		2,752,149
Other short-term liabilities		9,400		9,400
Legal and terminated contracts		36,596		36,596
Liabilities subject to compromise	$	2,908,538	$	2,908,130

Schedule of reorganization items, net

	For the Three Months Ended
	March 31, 2016
	(in thousands)
Professional fees	$	29,388
Deferred financing costs and unamortized discounts		-
Terminated contracts		-
Interest and other		(14)
Total Reorganization items, net	$	29,374