FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Financial and Non-Financial Assets and Liabilities by Valuation Level

The following tables summarize the Company’s financial and non-financial assets and liabilities by valuation level as of March 31, 2022 and December 31, 2021 (in thousands):

	Successor
	March 31, 2022
	Level 1		Level 2		Level 3
Assets:
Derivative instruments	$	—	$	36,416	$	—
Contingent consideration arrangement	—		—		5,300
Total assets	$	—	$	36,416	$	5,300
Liabilities:
Derivative instruments	$	—	$	1,101,877	$	—

	Successor
	December 31, 2021
	Level 1		Level 2		Level 3
Assets:
Derivative instruments	$	—	$	23,359	$	—
Contingent consideration arrangement	—		—		5,800
Total assets	$	—	$	23,359	$	5,800
Liabilities:
Derivative instruments	$	—	$	425,315	$	—