Notes Receivable	3 Months Ended
Mar. 31, 2022
Receivables [Abstract]
Notes Receivable	(4) Notes Receivable We have decommissioning liabilities related to the acquisition of a single oil and gas property. Our notes receivable consist of a commitment from the seller of the oil and gas property for costs associated with the abandonment of the property. Pursuant to an agreement with the seller, we invoice the seller an agreed upon amount at the completion of certain decommissioning activities. The gross amount of the seller’s obligation to us totals $115.0 million and is recorded at its present value, which totaled $61.6 million as of March 31, 2022. The discount on the notes receivable, which is currently based on an effective interest rate of 6.6%, is amortized to interest income over the expected timing of the completion of the decommissioning activities. Interest receivable is considered paid in kind and is compounded into the carrying amount of the note. During the three months ended March 31, 2022, we recorded non-cash interest income of $1.0 million. During the Successor Period and the Predecessor Period, we recorded non-cash interest income of $0.7 million and $0.4 million, respectively, which is included in other reconciling items, net in the condensed consolidated statements of cash flows.

Notes Receivable

3 Months Ended

Mar. 31, 2022

(4) Notes Receivable

We have decommissioning liabilities related to the acquisition of a single oil and gas property. Our notes receivable consist of a commitment from the seller of the oil and gas property for costs associated with the abandonment of the property. Pursuant to an agreement with the seller, we invoice the seller an agreed upon amount at the completion of certain decommissioning activities. The gross amount of the seller’s obligation to us totals $115.0 million and is recorded at its present value, which totaled $61.6 million as of March 31, 2022.

The discount on the notes receivable, which is currently based on an effective interest rate of 6.6%, is amortized to interest income over the expected timing of the completion of the decommissioning activities. Interest receivable is considered paid in kind and is compounded into the carrying amount of the note.

During the three months ended March 31, 2022, we recorded non-cash interest income of $1.0 million. During the Successor Period and the Predecessor Period, we recorded non-cash interest income of $0.7 million and $0.4 million, respectively, which is included in other reconciling items, net in the condensed consolidated statements of cash flows.