Chapter 11 Filing and Emergence from Bankruptcy (Tables)

9 Months Ended

Sep. 30, 2014

Chapter 11 Filing Going Concern and Other Related Matters [Abstract]

The table below presents changes to our debt outstanding as a result of the Equity Plan effects:

	Debt as of				Debt				Debt as of
	December 31,		Less Debt		Reinstated or		Exit		September 30,
	2013 ^(a)		Repaid		Exchanged		Financing ^(c)		2014
Unsecured Revolving Credit Facility	$	1,489,000	$	(1,489,000)	$	-	$	-	$	-
8.125% Notes due 2018		300,000				300,000				300,000
7.50% Notes due 2021 through 2024		146,000				146,000				146,000
8.75% Debentures due 2013		63,603		(63,603)		-				-
Secured Term Loans due through
2023 ^(b)		565,956		(565,956)						-
OBS Term Loan due 2019				(1,507)				601,282		599,775
OIN Term Loan due 2019				(1,571)				627,177		625,606
	$	2,564,559	$	(2,121,637)	$	446,000	$	1,228,459	$	1,671,381

(a)

Debt (reflects add back of $2,909 of original issue discount) classified as liabilities subject to compromise

at December 31, 2013.

(b)

Debt was reported in liabilities subject to compromise net of adequate protection interest payments of $12,731, which had been classified as a reduction of debt through March 31, 2014.

(c)

OBS and OIN Term Loan balances are net of unamortized original issue discounts as of September 30, 2014 of $1,718 and $1,198, respectively.

Schedule of Liabilities Subject To Compromise [Table Text Block]

Liabilities subject to compromise as of December 31, 2013 which were settled or reclassified during the nine months ended September 30, 2014:

			Change in
			Estimated
			Allowed
	December 31,		Claim		Cash				September 30,
Liabilities Subject to Compromise	2013		2014		Payment		Reclassified ^(a)		2014
Pre-petition accounts payable and other accrued liabilities	$	4,565	$	21,748	$	(12,821)	$	(13,492)	$	-
Secured long-term debt and accrued interest		569,408		20,577		(589,985)		-		-
Unsecured senior notes		500,780		8,823		(63,603)		(446,000)		-
Unsecured revolving credit facility		1,489,000		-		(1,489,000)		-		-
Accrued interest on unsecured revolving credit facility and senior notes		10,878		167,909		(177,018)		(1,769)		-
Derivative liabilities		3,566		186		(3,662)		(90)		-
Accrued post-petition interest on other claims		-		880		-		(880)		-
Accrued liabilities related to rejected executory contracts		282,599		14,550		(296,958)		(191)		-
Pension and other postretirement benefit plan liabilities		27,377		(1,257)		(14,429)		(11,691)		-
Total liabilities subject to compromise	$	2,888,173	$	233,416	$	(2,647,476)	$	(474,113)	$	-

(a)

Amounts reclassified included $16,231 to accounts payable, accrued expenses and other current liabilities, $446,000 to long-term debt relating to the Unsecured Senior Notes and $11,882 to other liabilities.

Schedule of Reorganization Items Net [Table Text Block]

Reorganization items, net represent amounts incurred subsequent to the bankruptcy filing as a direct result of the filing of the Chapter 11 Cases and are comprised of the following:

	Three Months Ended
	September 30,
	2014		2013
Trustee fees	$	1,046	$	928
Professional fees		44,004		14,605
Adjustments for expenses incurred on rejected executory contracts including post-petition interest		652		(828)
Provision for post-petition interest on debt facilities		3,890		-
Provision for post-petition interest on other claims		145		-
Other claims adjustments		19		-
	$	49,756	$	14,705

	Nine Months Ended
	September 30,
	2014		2013
Trustee fees	$	2,574	$	2,480
Professional fees		106,729		46,981
Provision for and expenses incurred on rejected executory contracts including post-petition interest		6,864		187,368
Provision for post-petition interest on debt facilities		15,416		-
Provision for post-petition interest on claims		1,765		-
2004 Stock Incentive Plan		1,796		-
Provision for class action lawsuit and other subordinated claims		17,000		-
Other claim adjustments		12,991		-
	$	165,135	$	236,829