XML 63 R43.htm IDEA: XBRL DOCUMENT v3.22.4

Equity (Tables)

12 Months Ended

Dec. 31, 2022

Equity [Abstract]

Schedule of Dividends

The following table summarizes our dividend payments in the 2022 and 2021 Successor Periods:

Payment Date						Stockholders of Record Date						Dividend Payment						Rate Per Share
June 10, 2021						May 24, 2021						$	34					$	0.34375
September 9, 2021						August 24, 2021						33						$	0.34375
December 9, 2021						November 24, 2021						52						$	0.43750
Total dividends paid 2021												$	119
Payment Date						Stockholders of Record Date						Dividend Payment						Rate Per Share
March 22, 2022						March 7, 2022						$	210					$	1.7675
June 2, 2022						May 19, 2022						298						$	2.34
September 1, 2022						August 17, 2022						280						$	2.32
December 1, 2022						November 15, 2022						424						$	3.16
Total dividends paid 2022												$	1,212

Schedule of Warrants

Warrants

			Class A Warrants						Class B Warrants						Class C Warrants(a)
Outstanding as of February 10, 2021			11,111,111						12,345,679						9,768,527
Converted into New Common Stock			(254,259)						(32,406)						(10,603)
Issued for General Unsecured Claims			—						—						1,630,447
Outstanding as of December 31, 2021			10,856,852						12,313,273						11,388,371
Converted into New Common Stock(b)			(1,609,641)						(29,679)						(959,247)
Converted in warrant exchange offer(b)			(4,752,207)						(7,879,030)						(7,252,004)
Issued for General Unsecured Claims			—						—						829,109
Outstanding as of December 31, 2022			4,495,004						4,404,564						4,006,229

_________________________________________

(a)As of December 31, 2022, we had 1,489,337 of reserved Class C Warrants.

(b)During the 2022 Successor Period, we issued 18,408,228 common shares as a result of Warrant exercises, inclusive of the shares issued as part of the Warrant exchange offers described below.

X

- Definition

Tabular disclosure of information related to dividends declared, including paid and unpaid dividends.

+ References

No definition available.

+ Details

Name:	us-gaap_DividendsDeclaredTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_EquityAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5047-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section S99
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6784392&loc=d3e188667-122775

+ Details

Name:	us-gaap_ScheduleOfStockholdersEquityNoteWarrantsOrRightsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration