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Recourse Debt and Interest Rate Swap (Tables)
12 Months Ended
Dec. 31, 2011
Recourse Debt And Interest Rate Swap [Abstract]  
Recourse Debt
Recourse debt at December 31 consisted of the following:
dollars in thousands
 
Weighted-Average  Interest Rates at
December 31,
 
2011

 
2010

20111
 
2010
 
Term Loan2
 
3.646
%
 
4.396
%
 
$
361,250

 
$
403,750

Less: Short-term debt – recourse
 
 
 
 
 
42,500

 
42,500

Long-term debt – recourse
 
 
 
 
 
$
318,750

 
$
361,250

1
See additional information below regarding the interest rate fixed at 3.646% in connection with an interest rate swap, which expires on April 1, 2015.
2
The term loan borrowings under the Credit Agreement expire on June 10, 2016.