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DISCONTINUED OPERATIONS (Tables)
 6 Months Ended
Jun. 30, 2019
Discontinued Operations and Disposal Groups [Abstract]  
Disposal Groups, Including Discontinued Operations
The following shows the revenue, income (loss) from discontinued operations and gain (loss) on disposal of the Predecessor Company's discontinued operations for the periods presented:
(In thousands)
Predecessor Company
 
Period from April 1, 2019 through May 1,
 
Three Months Ended June 30,
 
Period from January 1, 2019 through May 1,
 
Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Revenue
$
217,450

 
$
711,980

 
$
804,566

 
$
1,310,378

 
 
 
 
 
 
 
 
Loss from discontinued operations before income taxes
$
(21,684
)
 
$
(28,476
)
 
$
(133,475
)
 
$
(107,357
)
  Income tax benefit (expense)
50,830

 
(4,753
)
 
(6,933
)
 
(50,120
)
Income (loss) from discontinued operations, net of taxes
$
29,146

 
$
(33,229
)
 
$
(140,408
)
 
$
(157,477
)
 
 
 
 
 
 
 
 
Gain (loss) on disposals before income taxes
$
1,825,531

 
$
—

 
$
1,825,531

 
$
—

  Income tax benefit (expense)
—

 
—

 
—

 
—

Gain (loss) on disposals, net of taxes
$
1,825,531

 
$
—

 
$
1,825,531

 
$
—

 
 
 
 
 
 
 
 
Income (loss) from discontinued operations, net of taxes
$
1,854,677

 
$
(33,229
)
 
$
1,685,123

 
$
(157,477
)

Balance Sheet Information

The following table shows the classes of assets and liabilities classified as discontinued operations for the Predecessor Company as of December 31, 2018:

(In thousands)
Predecessor Company
 
December 31,
2018
CURRENT ASSETS
 
Cash and cash equivalents
$
182,456

Accounts receivable
706,309

Prepaid expenses
95,734

Other current assets
31,301

Current assets of discontinued operations
$
1,015,800

 
 
LONG-TERM ASSETS
 
Structures, net
$
1,053,016

Property, plant and equipment, net
235,922

Indefinite-lived intangibles - permits
971,163

Other intangibles, net
252,862

Goodwill
706,003

Other assets
132,504

Long-term assets of discontinued operations
$
3,351,470

 
 
CURRENT LIABILITIES
 
Accounts payable
$
113,714

Accrued expenses
528,482

Accrued interest
2,341

Deferred income
85,052

Current portion of long-term debt
227

Current liabilities of discontinued operations
$
729,816

 
 
LONG-TERM LIABILITIES
 
Long-term debt
$
5,277,108

Deferred income taxes
335,015

Other long-term liabilities
260,150

Long-term liabilities of discontinued operations
$
5,872,273