LEASES (Tables)

6 Months Ended

Jun. 30, 2022

Leases [Abstract]

Schedule of Operating Lease Liability

Future amounts due under operating lease liabilities as of June 30, 2022 were as follows (in thousands):

Remaining 2022	$	86
2023	142
Total lease payments	$	228
Less: Imputed interest	(4)
Total	$	224

Schedule of Lease Cost

The tables below summarize lease cost for the periods presented (in thousands):

	Successor				Predecessor
	Three Months Ended June 30, 2022		Period from May 18, 2021 through June 30, 2021		Period from April 1, 2021 through May 17, 2021
Operating lease cost	$	50	$	8	$	9
Variable lease cost	—		—		—
Short-term lease cost	10,160		2,160		2,307
Total lease cost(1)	$	10,210	$	2,168	$	2,316

	Successor				Predecessor
	Six Months Ended June 30, 2022		Period from May 18, 2021 through June 30, 2021		Period from January 1, 2021 through May 17, 2021
Operating lease cost	$	100	$	8	$	41
Variable lease cost	—		—		—
Short-term lease cost	18,782		2,160		4,496
Total lease cost(1)	$	18,882	$	2,168	$	4,537

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(1)    The majority of the Company's total lease cost was capitalized to the full cost pool, and the remainder was included in either lease operating expenses or general and administrative expenses in the accompanying consolidated statements of operations.

Supplemental cash flow information related to leases was as follows (in thousands):

	Successor				Predecessor
	Six Months Ended June 30, 2022		Period from May 18, 2021 through June 30, 2021		Period from January 1, 2021 through May 17, 2021
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	72	$	15	$	48