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Emergence from Voluntary Reorganization under Chapter 11 (Tables)
12 Months Ended
Dec. 31, 2019
Reorganizations [Abstract]  
Schedule of Reorganization Items
The following table summarizes the components of reorganization items included in the consolidated statements of operations:
 
Berry Corp.
(Successor)
 
 
Berry LLC (Predecessor)
 
Year Ended December 31, 2019
 
Year Ended December 31, 2018
 
Ten Months Ended December 31, 2017
 
 
Two Months Ended February 28, 2017
 
(in thousands)
Return of undistributed funds from cash distribution pool(1)
$

 
$
22,855

 
$

 
 
$

Gains on resolution of pre-emergence liabilities and claims

 
3,713

 

 
 

Legal and other professional advisory fees
(426
)
 
(3,083
)
 
(1,027
)
 
 
(19,481
)
Gains on settlement of liabilities subject to compromise

 

 

 
 
421,774

Fresh-start valuation adjustments

 

 

 
 
(920,699
)
Other

 
1,205

 
(705
)
 
 
10,686

Reorganization items, net
$
(426
)
 
$
24,690

 
$
(1,732
)
 
 
$
(507,720
)
__________
(1)
This amount was reclassed from restricted cash to general cash, thus does not represent a cash transaction.