Summary of Significant Accounting Policies (Tables)
5 Months Ended
Sep. 30, 2015
Accounting Policies [Abstract]  
Schedule of Valuation of Financial Instruments

The following table summarizes the valuation of our financial instruments at September 30, 2015:

(Thousands)

 

Total

 

Quoted Prices in Active Markets

(Level 1)

 

Prices with Other Observable Inputs

(Level 2)

 

Prices with Unobservable Inputs (Level 3)

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

209,998

 

$

209,998

 

$

-

 

$

-

 

Accounts and other receivables

 

 

1,651

 

 

1,651

 

 

-

 

 

-

 

Total

 

$

211,649

 

$

211,649

 

$

-

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

Senior secured notes - 6.00% , due April 15, 2023

 

$

355,000

 

$

-

 

$

355,000

 

$

-

 

Senior unsecured notes - 8.25%, due October 15, 2023

 

 

946,275

 

 

-

 

 

946,275

 

 

-

 

Senior secured term loan B - variable rate, due October 24, 2022

 

 

2,016,950

 

 

-

 

 

2,016,950

 

 

-

 

Derivative liability

 

 

13,993

 

 

 

 

 

13,993

 

 

 

 

Accounts and interest payable

 

 

97,411

 

 

97,411

 

 

-

 

 

-

 

Total

 

$

3,429,629

 

$

97,411

 

$

3,332,218

 

$

-