XML 115 R97.htm IDEA: XBRL DOCUMENT v3.22.4
Fresh Start Accounting - Additional Information (Details) - USD ($)
 12 Months Ended
May 06, 2021
Dec. 31, 2022
Reorganization Chapter11 [Line Items]    
Fresh-start reporting, description   Upon emergence from bankruptcy, the Company qualified for and adopted fresh start accounting in accordance with ASC 852, which resulted in the Company becoming a new entity for financial reporting purposes because (1) the holders of the then existing common shares of the Predecessor received less than 50 percent of the new shares of common stock of the Successor outstanding upon emergence and (2) the reorganization value of the Company’s assets immediately prior to confirmation of the Plan was less than the total of all post-petition liabilities and allowed claims. The Company elected to apply fresh start accounting using a convenience date of October 31, 2021. Management evaluated and concluded that the events on November 1, 2021 were not material to the Company’s financial reporting on both a quantitative and qualitative basis.
Maximum percentage of voting shares to qualify for fresh-start reporting   50.00%
Reorganization value best point estimate of shareholders’ equity $ 547,448,000  
Reorganization value including noncontrolling interest $ 553,535,000  
Capitalization rate percentage 10.00%  
Weighted average cost of capital 11.00%  
Incremental borrowing rate 12.00%  
10% Senior Secured Notes    
Reorganization Chapter11 [Line Items]    
Interest rate percentage 10.00%  
Minimum    
Reorganization Chapter11 [Line Items]    
Enterprise value $ 50,000,000  
Maximum    
Reorganization Chapter11 [Line Items]    
Enterprise value $ 550,000,000