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ASSET IMPAIRMENTS (Tables)
9 Months Ended
Dec. 31, 2017
Asset Impairment Charges [Abstract]  
Summary of Vessels and ROVs Impaired, Amount of Impairment Incurred and Combined Fair Value of Assets after Impairment Charges

The table below summarizes the number of vessels and ROVs impaired, the amount of impairment incurred and the combined fair value of the assets after having recorded the impairment charges.

 

     Successor      Predecessor  

(In thousands)

   Period from
August 1, 2017
through
December 31,
2017
     Period from
April 1, 2017
through
July 31,
2017
     Year Ended
March 31,
2017
 

Number of vessels impaired during the period

     5        79        132  

Number of ROVs impaired during the period

     —          —          8  

Amount of impairment incurred (A)

   $ 16,777        184,748        484,727  

Combined fair value of assets incurring impairment after having recorded impairment charges

     8,763        571,821        933,068  

 

(A)

The period August 1, 2017 through December 31, 2017 and the year ended March 31, 2017 included $2.3 million and $2.2 million, respectively, of impairments related to inventory and other non-vessel assets.