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Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2011
Long-Term Debt  
Summary of debt

 

 

 

 

June 30, 2011

 

December 31, 2010

 

Credit Facility

 

 

 

 

 

Revolving credit facility, 4.22% average interest due July 2015

 

$

246,500

 

$

 

 

 

 

 

 

 

Senior Notes (1)

 

 

 

 

 

Senior Notes, 8.5% interest, net of discount of $6 and $642, respectively, issued July 2006 and due July 2016

 

2,784

 

274,358

 

Senior Notes, 8.75% interest, net of discount of $576 and $924, respectively, issued April and May 2008 and due April 2018

 

333,786

 

499,076

 

Senior Notes, 6.75% interest, issued November 2010 and due November 2020

 

500,000

 

500,000

 

Senior Notes, 6.5% interest, net of discount of $968, issued February and March 2011 and due August 2021

 

499,032

 

 

Total long-term debt

 

$

1,582,102

 

$

1,273,434

 

 

(1)                                 The estimated aggregate fair value of the senior notes (collectively, the “Senior Notes”) was approximately $1,366.2 million and $1,333.9 million as of June 30, 2011 and December 31, 2010, respectively, based on quoted market prices.