Note 10. Reorganization Items (Predecessor)
Reorganization items, net represent amounts incurred after the Petition Date that were directly related to the Restructuring Transactions and were comprised of the following (in thousands):
|
|
|
Predecessor |
| |
|
|
|
Period from January 1, |
| |
|
Previous Facility |
|
$ |
359,628 |
|
|
Interest rate swap termination liability |
|
15,665 |
| |
|
Accrued interest |
|
57,178 |
| |
|
Due to affiliates, net |
|
1,025 |
| |
|
Due to Old Station (Note 9) |
|
3,787 |
| |
|
Discharge of liabilities subject to compromise |
|
437,283 |
| |
|
Revaluation of assets and liabilities |
|
(13,230 |
) | |
|
Issuance of Senior Secured Loans |
|
(45,000 |
) | |
|
Professional fees |
|
(6,014 |
) | |
|
Reorganization items, net |
|
$ |
373,039 |
|
Professional Fees
Professional fees include legal and advisory fees, among other items, in connection with the Restructuring Transactions and the Chapter 11 Case.