Quarterly report pursuant to Section 13 or 15(d)

Chapter 11 Filing (Tables)

v3.7.0.1
Chapter 11 Filing (Tables)
3 Months Ended
Mar. 31, 2017
Chapter 11 Filing Tables  
Schedule of Credit Agreement Items
In conjunction with the Credit Agreement, during the year ended December 31, 2016, the Company incurred the following expenses which were charged to Reorganization items, net in 2016:

   
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 three months ended March 31, 2017 and 2016, Reorganization items, net consisted of the following charges:
          
   
Three months ended
   
Three months ended
 
(in thousands)
 
March 31, 2017
   
March 31, 2016
 
Legal fees
 
$
112
   
$
2,516
 
Professional fees
   
12
     
228
 
Gain on lease termination
   
-
     
(227
)
Total reorganization items, net
 
$
124
   
$
2,517