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Summary of Significant Accounting Policies Summary (Tables)
 12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Reconciliation Of Enterprise Value To Estimated Reorganization Value
The following table reconciles the enterprise value to the estimated reorganization value as of the Emergence Date (in thousands):
Enterprise value$1,089,808 
Plus: cash and cash equivalents563,372 
Plus: other working capital liabilities
131,766 
Plus: other long-term liabilities8,549 
Reorganization value of Successor assets$1,793,495 
Reorganization Items The following table summarizes reorganization items for the Predecessor 2016 Period (in thousands):
Unamortized long-term debt$3,546,847 
Litigation claims(20,478)
Rejections and cures of executory contracts(16,038)
Ad valorem and franchise taxes(3,494)
Legal and professional fees and expenses(44,920)
Write off of director and officer insurance policy(7,533)
Gain on accounts payable settlements84,228 
Loss on mortgage(8,153)
Gain on preferred stock dividends37,893 
Fresh start valuation adjustments(28,549)
Fair value of equity issued(827,424)
Principal value of Convertible Notes issued(281,780)
Gain on reorganization items, net$2,430,599 
Schedules of Concentration of Risk
The Company had sales exceeding 10% of total revenues to the following oil and natural gas purchasers (in thousands):
Sales% of Revenue
December 31, 2018 - Successor
Targa Midstream Services L.P.$126,548 36.2 %
Plains Marketing, L.P.$102,182 29.2 %
Sinclair Crude Company $62,623 17.9 %
December 31, 2017 - Successor
Targa Pipeline Mid-Continent West OK LLC$144,583 40.5 %
Plains Marketing, L.P.$117,927 33.0 %
Period from October 2, 2016 through December 31, 2016 - Successor
Targa Pipeline Mid-Continent West OK LLC$35,845 36.4 %
Plains Marketing, L.P.$32,022 32.5 %
Period from January 1, 2016 through October 1, 2016 - Predecessor
Plains Marketing, L.P.$110,370 37.6 %
Targa Pipeline Mid-Continent West OK LLC$108,238 36.8 %