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INCOME TAXES (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Oct. 01, 2019
Dec. 31, 2018
Dec. 31, 2019
Oct. 01, 2019
Sep. 30, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Oct. 08, 2020
Deferred:                  
Federal       $ 95,791       $ (95,791)  
Total deferred income tax benefit (provision)       95,791       (95,791)  
Total income tax benefit (provision)   $ (95,800)   95,791   $ 0   $ (95,791)  
Differences between the actual income tax benefit (provision) and the expected income tax benefit (provision)                  
Federal statutory rate (as a percent) 21.00%   21.00%   21.00% 21.00%   21.00%  
Expected tax benefit (provision)     $ 2,196 262,888   $ 48,238   $ (29,767)  
Stock-based compensation       (6,093)       (350)  
Capital loss       (271,248)          
Increase (reduction) in deferred tax asset       (9,287)       (201,903)  
Change in valuation allowance and related items     (1,506) (186,851)   (10,849)   136,432  
Attribute reduction       (229,385)   (37,985)      
Permanent adjustments     (690) (7,241)   577   (203)  
Other       512   19      
Total income tax benefit (provision)   $ (95,800)   $ 95,791   0   $ (95,791)  
Deferred noncurrent income tax assets:                  
Net operating loss carry-forwards     46,382     94,742 $ 46,382    
Net operating loss limitation under IRC Section 382           451,000      
Built in loss adjustment Section 382     142,285     98,416 142,285    
Capital loss carryforward     74,848     74,848 74,848    
Stock-based compensation expense           1,448      
Asset retirement obligations     2,224     2,347 2,224    
Book-tax differences in property basis     200,478     199,170 200,478    
Unrealized hedging transactions     1,618     2,908 1,618    
Disallowed interest Section 163(j)     7,722     13,579 7,722    
Basis difference in debt     2,142     1,687 2,142    
Operating lease liability     666     85 666    
Other     991     374 991    
Gross deferred noncurrent income tax assets     479,356     489,604 479,356    
Valuation allowance     (478,690)     (489,539) (478,690)    
Deferred noncurrent income tax assets     666     65 666    
Deferred noncurrent income tax liabilities:                  
Lease right of use     (666)     (65) (666)    
Deferred noncurrent income tax liabilities     666     65 666    
Net noncurrent deferred income tax assets (liabilities)     $ 0     $ 0 $ 0    
Market value of equity upon emergence from bankruptcy                 $ 524,800
Financial Designation, Predecessor and Successor [Fixed List] Predecessor   Successor Predecessor Predecessor Successor Successor Predecessor