XML 34 R24.htm IDEA: XBRL DOCUMENT v3.5.0.2
Chapter 11 Proceedings (Tables)
6 Months Ended
Jun. 30, 2016
Reorganizations [Abstract]  
Schedule of Liabilities Subject to Compromise
The following table summarizes the components of liabilities subject to compromise included on the Company’s unaudited condensed consolidated balance sheet as of June 30, 2016 (in thousands):
 
June 30,
2016
Current maturities of long-term debt and accrued interest
$
4,179,185

Accounts payable and accrued expenses
189,766

Other long-term liabilities
8,660

Liabilities subject to compromise
$
4,377,611

Schedule of Reorganization Items
The following table summarizes the components included in reorganization items in the Company’s accompanying unaudited condensed consolidated statements of operations for the three and six-month periods ended June 30, 2016 (in thousands):
Unamortized debt premiums and discounts
 
$
(95,296
)
Unamortized debt issuance costs
 
(63,287
)
Debt holder conversion feature and mandatory prepayment feature - PGC Senior Secured Notes
 
9,777

Estimated litigation claims
 
(20,478
)
Rejection of executory contracts
 
(18,161
)
Ad valorem and franchise taxes
 
(3,494
)
Legal and professional fees and expenses
 
(10,759
)
Adjustment of pre-petition accounts payable settlements
 
780

Reorganization items
 
$
(200,918
)