CHAPTER 11 PROCEEDINGS (Tables)

12 Months Ended

Dec. 31, 2016

Reorganizations [Abstract]

Schedule of Liabilities Subject to Compromise

The following table summarizes the components of liabilities subject to compromise included in the Company's consolidated balance sheet as of December 31, 2016:

	December 31, 2016
1 3⁄4% Senior Convertible Notes due 2017	$	300,000
7 1⁄2% Senior Notes due 2022	775,000
Accrued interest payable	35,182
Liabilities subject to compromise	$	1,110,182

Schedule of Reorganization Items

The following table summarizes the components of reorganization items in the Company’s consolidated statement of operations for the year ended December 31, 2016:

	Twelve Months Ended December 31, 2016
Professional fees	$	2,615
Write-off of unamortized deferred financing costs	4,792
Write-off of unamortized discount and premium of Notes	3,540
Reorganization items	$	10,947