LEASES (Tables)

6 Months Ended

Jun. 30, 2020

The table below summarizes the Company’s leases for the six months ended June 30, 2020 (Successor) and 2019 (Predecessor) (in thousands, except years and discount rate):


	Successor			Predecessor
	Six Months			Six Months
	Ended			Ended
	June 30, 2020			June 30, 2019
Lease cost
Operating lease costs	$	1,797		$	1,288
Short-term lease costs		16,094			9,666
Variable lease costs		682			771
Total lease costs	$	18,573		$	11,725

Other information
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$	1,790		$	1,290
Right-of-use assets obtained in exchange for new operating lease liabilities		—			5,462
Weighted-average remaining lease term - operating leases		1.0	years		3.6	years
Weighted-average discount rate - operating leases		3.70	%		4.83	%

Schedule of future minimum lease payments associated with the Company’s non-cancellable operating leases for office space and equipment

Future minimum lease payments associated with the Company’s non-cancellable operating leases for office space and equipment as of June 30, 2020 and December 31, 2019 (Successor), are presented in the table below (in thousands):


Operating Leases	Successor
	June 30, 2020		December 31, 2019
Remaining period in 2020	$	513	$	1,022
2021		453		876
2022		—		574
2023		—		585
2024		—		345
Thereafter		—		—
Total operating lease payments		966		3,402
Less: discount to present value		11		232
Total operating lease liabilities		955		3,170
Less: current operating lease liabilities		877		923
Noncurrent operating lease liabilities	$	78	$	2,247