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EXCHANGEABLE SENIOR NOTES (Tables)
9 Months Ended
Sep. 30, 2013
EXCHANGEABLE SENIOR NOTES  
Information about the debt and equity components of the exchangeable senior notes

 

 

 

September 30, 2013

 

December 31, 2012

 

Carrying amount of equity component

 

$

14,496

 

$

 

 

 

 

 

 

 

Principal amount of liability component

 

$

250,000

 

$

 

Unamortized discount - equity component

 

(13,720

)

 

Unamortized cash discount

 

(3,579

)

 

Net carrying amount of liability component

 

$

232,701

 

$

 

Interest cost recognized and the amortization of the discount on the liability component

 

 

 

 

For the Nine Months Ended September 30,

 

 

 

2013

 

2012

 

Contractual interest

 

$

1,632

 

$

794

 

Amortization of discount on equity component

 

834

 

444

 

Total interest expense recognized

 

$

2,466

 

$

1,238