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Interest Expense
9 Months Ended
Sep. 30, 2016
Interest and Debt Expense [Abstract]  
Interest Expense
Interest Expense
The following tables present the components of interest expense: 
 
Predecessor
 
Successor
 
For the Period
July 1 Through August 14, 2015
 
For the Period August 15 Through September 30, 2015
 
For the Three
Months Ended September 30, 2016
 
(Dollars in thousands)
 
 
 
 
 
 
Interest incurred on debt
$
2,308

 
$
2,576

 
$
5,306

Amortization of discount on Senior
   Subordinated Notes
5,560

 

 

Accretion of fair value adjustment on Senior Notes

 
773

 
1,581

Amortization of debt issuance costs
922

 

 
77

Total interest expense
$
8,790

 
$
3,349

 
$
6,964

 
 
 
 
 
 
 
 
 
 
 
 
 
Predecessor
 
Successor
 
For the Period
January 1 Through August 14, 2015
 
For the Period August 15 Through September 30, 2015
 
For the Nine
Months Ended September 30, 2016
 
(Dollars in thousands)
 
 
 
 
 
 
Interest incurred on debt
$
12,066

 
$
2,576

 
$
15,020

Amortization of discount on Senior
   Subordinated Notes
12,027

 

 

Accretion of fair value adjustment on
   Senior Notes

 
773

 
4,715

Amortization of debt issuance costs
2,118

 

 
125

Total interest expense
$
26,211

 
$
3,349

 
$
19,860

 
 
 
 
 
 

Interest Rates
The Revolving Facility had an effective interest rate of 2.68% and 5.28% as of December 31, 2015 and September 30, 2016, respectively. The Term Loan Facility had an interest rate of 2.49% as of December 31, 2015 and 5.28% as of September 30, 2016. The Senior Notes have a fixed interest rate of 6.375%.