I am following this article on how to configure Telerik Reporting on ASP.NET MVC 5 and .NET 4.6.1 Using HTML5 ASP.NET MVC Report Viewer in a web application then Telerik Reporting REST Web API to Web Application
One thing I could not do in this is Register routes

If I do it, I get following error. I think its conflicting with some other routes, not sure where it is...

I tried commenting out MVC routes registration, that also gives same error
//RouteConfig.RegisterRoutes(RouteTable.Routes);
A route named 'Resources' is already in the route collection. Route names must be unique. Parameter name: name
So without registering the route when I do POST call to the following URL I get good response.

But If I try to verify the reports as per the documentation I get the following error
Any help is greatly appreciated.
Update
Route issue is fixed. removed a duplicate entry in WebApiConfig initialization
When access this URL http://localhost:[portnumber]/api/reports/formats Following error is still not resolved
{"message":"An error has occurred.","exceptionMessage":"The type initializer for 'Telerik.Reporting.Processing.RenderingExtensionManager' threw an exception.","exceptionType":"System.TypeInitializationException","stackTrace":" at Telerik.Reporting.Services.Engine.ReportEngine.ListRenderingExtensions()\r\n at Telerik.Reporting.Services.WebApi.ReportsControllerBase.GetDocumentFormats()\r\n at lambda_method(Closure , Object , Object[] )\r\n at System.Web.Http.Controllers.ReflectedHttpActionDescriptor.ActionExecutor.<>c__DisplayClass6_2.b__2(Object instance, Object[] methodParameters)\r\n at System.Web.Http.Controllers.ReflectedHttpActionDescriptor.ActionExecutor.Execute(Object instance, Object[] arguments)\r\n at System.Web.Http.Controllers.ReflectedHttpActionDescriptor.ExecuteAsync(HttpControllerContext controllerContext, IDictionary`2 arguments, CancellationToken cancellationToken)\r\n--- End of stack trace from previous location where exception was thrown ---\r\n at System.Runtime.CompilerServices.TaskAwaiter.ThrowForNonSuccess(Task task)\r\n at System.Runtime.CompilerServices.TaskAwaiter.HandleNonSuccessAndDebuggerNotification(Task task)\r\n at System.Web.Http.Controllers.ApiControllerActionInvoker.d__1.MoveNext()\r\n--- End of stack trace from previous location where exception was thrown ---\r\n at System.Runtime.CompilerServices.TaskAwaiter.ThrowForNonSuccess(Task task)\r\n at System.Runtime.CompilerServices.TaskAwaiter.HandleNonSuccessAndDebuggerNotification(Task task)\r\n at System.Web.Http.Controllers.ActionFilterResult.d__5.MoveNext()\r\n--- End of stack trace from previous location where exception was thrown ---\r\n at System.Runtime.CompilerServices.TaskAwaiter.ThrowForNonSuccess(Task task)\r\n at System.Runtime.CompilerServices.TaskAwaiter.HandleNonSuccessAndDebuggerNotification(Task task)\r\n at System.Web.Http.Controllers.ExceptionFilterResult.d__6.MoveNext()"}