Quarterly report pursuant to Section 13 or 15(d)

FRESH START ACCOUNTING (Reconciliation of Enterprise Value and Reorganization Value) (Details)

v3.21.2
FRESH START ACCOUNTING (Reconciliation of Enterprise Value and Reorganization Value) (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
May 17, 2021
May 16, 2021
Dec. 31, 2020
Reorganizations [Abstract]        
Enterprise Value   $ 1,600,000    
Plus: Cash and cash equivalents $ 4,485 1,526   $ 89,861
Less: Fair value of debt   (852,751)    
Successor equity value   748,775    
Enterprise Value   1,600,000    
Mezzanine equity 57,920 55,000    
Plus: Current and other liabilities   686,489    
Plus: Asset retirement obligations $ 19,854 19,084   $ 0
Less: Common stock reserved for settlement of claims post Emergence Date   (54,109)    
Reorganization value of Successor assets   $ 2,252,990 $ 2,300,000