Parker Wellbore Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover Page
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Debt - Successor Term Loan, Due March 2024 (Details)

v3.19.3.a.u2

Debt - Successor Term Loan, Due March 2024 (Details) - Successor term loan, due March 2024 - USD ($)	Sep. 20, 2019	Dec. 31, 2019	Mar. 31, 2019	Mar. 26, 2019
Debt Instrument [Line Items]
Debt instrument, face amount			$ 210,000,000.0
Fixed interest rate				13.00%
Paid in cash (as a percent)				11.00%
Paid in kind and capitalized (as a percent)				2.00%
Premium for prepayment on or prior to 6 months after closing date (as a percent)				0.00%
Premium for prepayment from 6 months and on or prior to two years after closing date (as a percent)				6.50%
Premium for prepayment from two years and on or prior to three years after closing date (as a percent)				3.25%
Premium for prepayment from three years after closing date (as a percent)				0.00%
Voluntary prepayment in principal	$ 35,000,000.0
Interest associated with principal payment	$ 1,000,000.0
Term Loan balance		$ 177,937,000
Successor credit facility
Debt Instrument [Line Items]
Term Loan balance		$ 177,900,000

- Definition

Debt Instrument, Early Repayment Premium, From 2 Years To 3 Years After Closing Date

+ References

No definition available.

+ Details

Name:	pkd_DebtInstrumentEarlyRepaymentPremiumFrom2YearsTo3YearsAfterClosingDate
Namespace Prefix:	pkd_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

- Definition

Debt Instrument, Early Repayment Premium, From 3 Years After Closing Date

+ References

No definition available.

+ Details

Name:	pkd_DebtInstrumentEarlyRepaymentPremiumFrom3YearsAfterClosingDate
Namespace Prefix:	pkd_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

- Definition

Debt Instrument, Early Repayment Premium, From 6 Months To 2 Years After Closing Date

+ References

No definition available.

+ Details

Name:	pkd_DebtInstrumentEarlyRepaymentPremiumFrom6MonthsTo2YearsAfterClosingDate
Namespace Prefix:	pkd_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

- Definition

Debt Instrument, Early Repayment Premium, On Or Prior To 6 Months After Closing Date

+ References

No definition available.

+ Details

Name:	pkd_DebtInstrumentEarlyRepaymentPremiumOnOrPriorTo6MonthsAfterClosingDate
Namespace Prefix:	pkd_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

- Definition

Debt Instrument, Stated Interest Rate, Percent Payable In Cash

+ References

No definition available.

+ Details

Name:	pkd_DebtInstrumentStatedInterestRatePercentPayableInCash
Namespace Prefix:	pkd_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

- Definition

Debt Instrument, Stated Interest Rate, Percent Payable In Kind

+ References

No definition available.

+ Details

Name:	pkd_DebtInstrumentStatedInterestRatePercentPayableInKind
Namespace Prefix:	pkd_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

- Definition

Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 4
-Subparagraph (b)(1)
-URI http://asc.fasb.org/extlink&oid=109500613&loc=SL6031897-161870

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-03(16))
-URI http://asc.fasb.org/extlink&oid=119400593&loc=d3e572229-122910

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(22))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03(16))
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

+ Details

Name:	us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Face (par) amount of debt instrument at time of issuance.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

+ Details

Name:	us-gaap_DebtInstrumentFaceAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Contractual interest rate for funds borrowed, under the debt agreement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22(a)(1))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix:	us-gaap_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_DebtInstrumentLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

- Definition

Amount of the required periodic payment applied to interest.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_LineOfCreditFacilityPeriodicPaymentInterest
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

- Definition

Amount of the required periodic payment applied to principal.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_LineOfCreditFacilityPeriodicPaymentPrincipal
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

- Details

Name:	us-gaap_LongtermDebtTypeAxis=pkd_SuccessorTermLoanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

- Details

Name:	us-gaap_CreditFacilityAxis=pkd_SuccessorCreditFacilityMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: