Annual report pursuant to Section 13 and 15(d)

Chapter 11 Filing (Tables)

v3.7.0.1
Chapter 11 Filing (Tables)
12 Months Ended
Dec. 31, 2016
Chapter 11 Filing Tables  
Schedule of Credit Agreement Items

   
Year ended
 
(in thousands)
 
December 31, 2016
 
Upfront fee
 
$
191
 
Commitment fee
   
150
 
Beneficial conversion feature
   
484
 
Legal fees
   
802
 
Total Credit Agreement expense
 
$
1,627
 

Schedule of Reorganization Items, Net
For the year ended December 31, 2016, Reorganization items, net consisted of the following charges:

   
Year ended
 
(in thousands)
 
December 31, 2016
 
Legal fees
 
$
4,870
 
Professional fees
   
1,218
 
Debtor-in-possession financing  costs
   
1,143
 
Beneficial conversion on debtor-in-possession financing
   
484
 
Fair value of shares issued to officer and directors for service in bankruptcy
   
700
 
Gain on lease termination
   
(227
)
Total reorganization items, net
 
$
8,188