INDEBTEDNESS (Tables)

3 Months Ended

Mar. 31, 2016

Debt Disclosure [Abstract]

Convertible Debt

The carrying value of the Notes is as follows as of:

	March 31,		December 31,
(in thousands)	2016		2015
Principal amount	$	143,750	$	143,750
Unamortized debt discount		(25,455)		(27,016)
Deferred financing costs		(3,096)		(3,307)
Net carrying value	$	115,199	$	113,427

Interest Income and Interest Expense Disclosure

The following table sets forth the components of total interest expense related to the Notes recognized in the accompanying unaudited interim condensed consolidated statements of earnings for the three months ended March 31, 2016 and 2015:

	Three Months Ended
	March 31,		March 31,
(in thousands)	2016		2015
Contractual coupon	$	1,078	$	1,078
Amortization of debt discount		1,562		1,481
Amortization of finance fees		211		211
Capitalized interest		(47)		(9)
	$	2,804	$	2,761