DEBT (Tables)

3 Months Ended

Mar. 31, 2014

As of March 31, 2014 and December 31, 2013, the Company’s debt consisted of the following obligations (in thousands):



	March 31, 2014		December 31, 2013
Revolving Credit Facility	$	—	$	40,003
Term Loan Facilities	222,757		395,000
2021 Notes	195,066		—
Capital leases	846		576
Total Debt	418,669		435,579
Less: Current portion	431		60,257
Long-term debt, net of current portion	$	418,238	$	375,322

Interest Income and Interest Expense Disclosure

Interest expense consisted of the following for the three months ended March 31, 2014 and 2013 (in thousands):



	Three Months Ended March 31,
	2014			2013
Revolving Credit Facility	$	584		$	—
Term Loan Facilities	5,750			—
Prior Credit Facility	—			402
2015 Notes	—			5,766
2021 Notes	2,307			—
Amortization of deferred financing costs	1,877			356
Amortization of debt discount	66			—
Other, net	(85		)	(46		)
Interest expense, net	$	10,499		$	6,478

The increase in interest expense during the three months ended March 31, 2014 as compared to the same period in 2013 results from higher debt levels partially offset by lower interest rates. The increase in debt primarily relates to the acquisition of the CarePoint Business.