XML 28 R16.htm IDEA: XBRL DOCUMENT v3.5.0.2
Interest Expense
6 Months Ended
Jun. 30, 2016
Interest and Debt Expense [Abstract]  
Interest Expense
Interest Expense
The following tables present the components of interest expense: 
 
Predecessor
 
Successor
 
Predecessor
 
Successor
 
For the Three Months Ended June 30, 2015
 
For the Three Months Ended June 30, 2016
 
For the Six Months Ended June 30, 2015
 
For the Six Months Ended June 30, 2016
 
(Dollars in thousands)
 
(Dollars in thousands)
 
 
 
 
 
 
 
 
Interest incurred on debt
$
4,883

 
$
4,819

 
$
9,757

 
$
9,716

Amortization of discount on Senior
   Subordinated Notes
3,261

 

 
6,468

 

Accretion of fair value adjustment on Senior Notes

 
1,571

 

 
3,134

Amortization of debt issuance costs
652

 
46

 
1,196

 
46

Total interest expense
$
8,796

 
$
6,436

 
$
17,421

 
$
12,896


Interest Rates
The Revolving Facility had an effective interest rate of 2.68% and 4.22% as of December 31, 2015 and June 30, 2016, respectively. The Term Loan Facility had an interest rate of 2.49% as of December 31, 2015 and 4.22% as of June 30, 2016. The Senior Notes have a fixed interest rate of 6.375%.