Quarterly report pursuant to Section 13 or 15(d)

Fresh Start Accounting - Footnotes (Details)

v3.19.3
Fresh Start Accounting - Footnotes (Details) - USD ($)
 3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Mar. 30, 2019
Mar. 26, 2019
Jan. 22, 2014
Jul. 30, 2013
Fresh-Start Adjustment [Line Items]                  
Net change in cash and cash equivalents   $ 127,849,000       $ 51,777,000      
Net change in other current assets   19,577,000       31,944,000      
Net change in other non-current assets   32,997,000       38,045,000      
Net change in accounts payable and accrued liabilities   135,583,000       134,461,000      
Liabilities subject to compromise   0       600,996,000      
Gain on settlement of liabilities subject to compromise $ 0 191,129,000 $ 0 $ 0 $ 0        
Net change in predecessor capital in excess of par value   342,650,000       767,793,000      
Net change in successor common stock   150,000       1,398,000      
Net change in accumulated deficit           (681,246,000)      
Intangible assets, net   18,000,000       4,245,000      
Customer relationships                  
Fresh-Start Adjustment [Line Items]                  
Intangible assets, net   16,300,000       0      
Trade names                  
Fresh-Start Adjustment [Line Items]                  
Intangible assets, net   1,500,000       368,000      
Developed technology                  
Fresh-Start Adjustment [Line Items]                  
Intangible assets, net   200,000       3,877,000      
Successor term loan, due March 2024                  
Fresh-Start Adjustment [Line Items]                  
Aggregate principal amount   210,000,000.0              
Debt instrument fixed interest rate             13.00%    
Predecessor 7.50% senior notes, due August 2020                  
Fresh-Start Adjustment [Line Items]                  
Aggregate principal amount                 $ 225,000,000.0
Debt instrument fixed interest rate 7.50%     7.50%         7.50%
Predecessor 6.75% senior notes, due July 2022                  
Fresh-Start Adjustment [Line Items]                  
Aggregate principal amount               $ 360,000,000.0  
Debt instrument fixed interest rate 6.75%     6.75%       6.75%  
Reorganization Adjustments                  
Fresh-Start Adjustment [Line Items]                  
Proceeds from the rights offering   95,000,000              
Transfers from restricted cash for the return of cash collateral (for letters of credit)   10,433,000              
Proceeds from refund of backstop commitment fee   7,600,000              
Transfers from restricted cash for deposit releases   250,000              
Transfers to restricted cash for funding of professional fees   (21,049,000)              
Payment of debtor in possession financing principal and interest   (10,035,000)              
Payment of professional fees   (5,154,000)              
Payment of debt issuance costs for the successor credit facility   (490,000)              
Payment of fees on letters of credit   (58,000)              
Payment of term loan agent fees   (50,000)              
Payment of other reorganization expenses   (375,000)              
Net change in cash and cash equivalents   76,072,000              
Refund of backstop commitment fee   (7,600,000)              
Elimination of predecessor directors and officers insurance policies   (702,000)              
Reclass of prepaid costs related to the successor credit facility   (488,000)              
Payment of other costs related to the successor credit facility   26,000              
Net change in other current assets   (8,764,000)              
Capitalization of debt issuance costs on the successor credit facility   765,000              
Reclass of prepaid costs related to the successor credit facility   488,000              
Net change in other non-current assets   1,253,000              
Accrual of professional fees   7,100,000              
Payment of professional fees   (2,017,000)              
Payment of debtor in possession financing interest   (35,000)              
Payment of letters of credit fees   (58,000)              
Net change in accounts payable and accrued liabilities   4,990,000              
Liabilities subject to compromise   (600,996,000)              
Issuance of successor common stock to the 7.50% note holders and 6.75% note holders   175,058,000              
Excess fair value ascribed to lenders participating in equity rights offering   24,809,000              
Gain on settlement of liabilities subject to compromise   (191,129,000)              
Cancellation of predecessor preferred stock           500,000      
Cancellation of predecessor preferred stock           1,398,000      
Issuance of successor warrants to predecessor common stock and predecessor preferred stock holders           (14,687,000)      
Issuance of successor common stock to predecessor common stock and predecessor preferred stock holders           (4,950,000)      
Excess fair value ascribed to parties participating in rights offering, excluding lenders           (18,100,000)      
Net change in predecessor capital in excess of par value   342,650,000       (35,839,000)      
Issuance of successor common stock to the 7.50% note holders and 6.75% note holders   80,000              
Issuance of successor common stock pursuant to rights offering   68,000              
Issuance of successor common stock to predecessor common stock and predecessor preferred stock holders   2,000              
Net change in successor common stock   150,000       $ (1,398,000)      
Issuance of successor common stock to the 7.50% note holders and 6.75% note holders   174,978,000              
Issuance of successor common stock pursuant to rights offering   148,874,000              
Issuance of successor warrants to predecessor common stock and predecessor preferred stock holders   14,687,000              
Issuance of successor common stock to predecessor common stock and predecessor preferred stock holders   4,948,000              
Equity issuance costs   (837,000)              
Gain on settlement of liabilities subject to compromise   191,129,000              
Backstop premium on rights offering   (11,032,000)              
Accrual of professional fees   (5,988,000)              
Payment of professional fees   (3,137,000)              
Elimination of predecessor directors and officers insurance policies   (702,000)              
Payment of other reorganization items   (400,000)              
Net change in accumulated deficit   169,870,000              
Intangible assets, net   0              
Fresh Start Adjustments                  
Fresh-Start Adjustment [Line Items]                  
Net change in cash and cash equivalents   0              
Net change in other current assets   (3,603,000)              
Net change in other non-current assets   (6,301,000)              
Net change in accounts payable and accrued liabilities   (3,868,000)              
Liabilities subject to compromise   0              
Net change in predecessor capital in excess of par value   (731,954,000)              
Net change in accumulated deficit   511,376,000              
Intangible assets, net   13,755,000              
Fair value adjustment to rig material and supplies   (6,845,000)              
Fair value adjustment to investment in non-consolidated subsidiaries   2,290,000              
Fair value adjustment to long-term notes receivable   (272,000)              
Elimination of capitalized mobilization costs   (857,000)              
Elimination of long-term other deferred charges   (617,000)              
Elimination of deferred rent   (1,100,000)              
Elimination of deferred revenue   (2,768,000)              
Net change in accounts payable and accrued liabilities   $ (3,868,000)