XML 34 R24.htm IDEA: XBRL DOCUMENT v3.5.0.2
Chapter 11 Proceedings (Tables)
 9 Months Ended
Sep. 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 September 30, 2016 (in thousands):
 
September 30,
2016
Current maturities of long-term debt and accrued interest
$
4,179,483

Accounts payable and accrued expenses
157,422

Other long-term liabilities
9,283

Liabilities subject to compromise
$
4,346,188
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 nine-month periods ended September 30, 2016 (in thousands):
 
Three Months Ended September 30, 2016
 
Nine Months Ended September 30, 2016
Unamortized debt premiums and discounts
$
—

 
$
(95,296
)
Unamortized debt issuance costs
(5
)
 
(63,292
)
Debt holder conversion feature and mandatory prepayment feature - PGC Senior Secured Notes
—

 
9,777

Estimated litigation claims
—

 
(20,478
)
Rejections and cures of executory contracts
(3,148
)
 
(21,309
)
Ad valorem and franchise taxes
—

 
(3,494
)
Legal and professional fees and expenses
(45,176
)
 
(55,935
)
Adjustment of pre-petition accounts payable settlements
5,575

 
6,355

Reorganization items
$
(42,754
)
 
$
(243,672
)