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Chapter 11 Proceedings (Tables) | 12 Months Ended
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Dec. 31, 2020
Reorganizations [Abstract] |
Schedule of liabilities subject to compromise | The following table summarizes the components of liabilities subject to compromise included on the Company's audited consolidated balance sheet as of December 31, 2020:
|  | December 31, 2020
|  | (in thousands)
Debt subject to compromise |  | $ | 2,005,219 |
Accounts payable and accrued liabilities |  | 164,939 |
Asset retirement obligations |  | 63,566 |
Accrued interest on debt subject to compromise |  | 55,634 |
Other liabilities |  | 4,122 |
Liabilities subject to compromise |  | $ | 2,293,480 |
Schedule of reorganization items | The following table summarizes the components in reorganization items, net included in the Company's audited consolidated statements of operations for the year ended December 31, 2020:
|  | Year Ended December 31, 2020
|  | (in thousands)
Adjustment to allowed claims |  | $ | 104,943 |
Legal and professional fees |  | 24,905 |
Write off of unamortized issuance costs on debt subject to compromise |  | 21,956 |
DIP credit facility financing fees |  | 2,988 |
Gain on settlement of pre-petition accounts payable |  | (2,433) |
Reorganization items, net |  | $ | 152,359 |

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