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REORGANIZATION ITEMS, NET (Tables)
6 Months Ended
Jun. 30, 2020
Reorganizations [Abstract]  
Schedule of Reorganization items
Reorganization items incurred as a result of the Chapter 11 Cases are presented separately in the accompanying statements of operations for the periods presented and were as follows:
(In thousands)Successor CompanyPredecessor Company
Three Months Ended June 30,Period from May 2, 2019 through June 30,Period from April 1, 2019 through May 1,
202020192019
Professional fees and other bankruptcy related costs$—  $—  $(121,374) 
Net gain on settlement of Liabilities subject to compromise—  —  7,192,379  
Impact of fresh start adjustments—  —  2,430,944  
Other items, net —  —  (4,005) 
Reorganization items, net$—  $—  $9,497,944  
Cash payments for Reorganization items, net$26  $13,049  $149,346  

(In thousands)Successor CompanyPredecessor Company
Six Months Ended June 30,Period from May 2, 2019 through June 30,Period from January 1, 2019 through May 1,
202020192019
Professional fees and other bankruptcy related costs$—  $—  $(157,487) 
Net gain on settlement of Liabilities subject to compromise—  —  7,192,374  
Impact of fresh start adjustments—  —  2,430,944  
Other items, net—  —  (4,005) 
Reorganization items, net$—  $—  $9,461,826  
Cash payments for Reorganization items, net$443  $13,049  $183,291