REORGANIZATION ITEMS, NET

9 Months Ended

Sep. 30, 2020

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 Company
	Three Months Ended September 30,
	2020		2019









Cash payments for Reorganization items, net	$	—	$	5,219


(In thousands)	Successor Company				Predecessor Company
	Nine Months Ended September 30,		Period from May 2, 2019 through September 30,		Period from January 1, 2019 through May 1,
	2020		2019		2019



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	$	18,268	$	183,291

Professional fees included in Reorganization items, net represent fees for post-petition expenses related to the Chapter 11 Cases.

The Company incurred additional professional fees related to the bankruptcy, post-emergence, of $0.9 million, $12.4 million, $5.4 million and $21.5 million for the three months ended September 30, 2020, the three months ended September 30, 2019, the

nine months ended September 30, 2020 and the period from May 2, 2019 through September 30, 2019, respectively, which are included within Other income (expense), net in the Company's Consolidated Statements of Comprehensive Income (Loss).