Revenues from Contracts with Customers (Tables)

9 Months Ended

Sep. 30, 2020

Revenue From Contracts with Customers [Abstract]

Contract with Customer, Asset and Liability

These tables show the changes in our mid-stream contract asset and contract liability balances during the nine months ended September 30, 2020:

	Successor		Predecessor
	September 30, 2020		December 31, 2019		Change
	(In thousands)
Contract assets	$	7,976	$	12,921	$	(4,945)
Contract liabilities	4,899		7,061		(2,162)
Contract assets (liabilities), net	$	3,077	$	5,860	$	(2,783)

Revenue, Remaining Performance Obligation

Below is the fixed revenue Superior will earn over the remaining term of the contracts, excluding all variable consideration to be earned with the associated contract.

Contract	Remaining Term of Contract	October - December 2020		2021		2022		2023 and beyond		Total Remaining Impact to Revenue
		(In thousands)
Demand fee contracts	2-8 years	$	(992)	$	(3,501)	$	1,380	$	36	$	(3,077)