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BASIS OF PRESENTATION (Tables)

9 Months Ended

Sep. 30, 2021

Accounting Policies [Abstract]

Schedule of Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities consisted of the following at September 30, 2021 and December 31, 2020:

			Successor									Predecessor
			September 30, 2021									December 31, 2020
Accounts payable and other accrued liabilities			$	159,080								$	120,275
Revenue payable and suspense			155,454									124,628
Accrued contract rejection damages and shares held in reserve			121,638									—
Total accounts payable and accrued liabilities			$	436,172								$	244,903

Schedule of Cash Flow, Supplemental Disclosures

Supplemental Cash Flow and Non-Cash Information

			Successor									Predecessor
			Period from May 18, 2021 through September 30, 2021									Period from January 1, 2021 through May 17, 2021						Nine Months Ended September 30, 2020
Supplemental disclosure of cash flow information:
Cash paid for reorganization items, net			$	42,202								$	87,199					$	—
Interest payments			6,465									7,272						73,979
Changes in operating assets and liabilities:
(Increase) decrease in accounts receivable - oil and natural gas sales			(5,230)									(60,832)						28,767
(Increase) decrease in accounts receivable - joint interest and other			5,536									(3,005)						32,827
Increase (decrease) in accounts payable and accrued liabilities			(48,903)									79,193						(40,552)
(Increase) decrease in prepaid expenses			7,231									135,471						(45,620)
(Increase) decrease in other assets			106									3,067						(2,721)
Total changes in operating assets and liabilities			$	(41,260)								$	153,894					$	(27,299)
Supplemental disclosure of non-cash transactions:
Capitalized stock-based compensation			$	484								$	930					$	2,189
Asset retirement obligation capitalized			55									546						2,343
Asset retirement obligation removed due to divestiture			—									—						(2,033)
Interest capitalized			117									—						907
Fair value of contingent consideration asset on date of divestiture			—									—						23,090
Release of New Common Stock Held in Reserve			23,893									—						—
Foreign currency translation gain (loss) on equity method investments			—									2,570						(4,497)

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Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses.

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Tabular disclosure of supplemental cash flow information for the periods presented.

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