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INTEREST EXPENSE, NET
12 Months Ended
Dec. 31, 2012
INTEREST EXPENSE, NET

NOTE 18 — INTEREST EXPENSE, NET

The components of interest expense are as follows:

 

     Year Ended December 31,  
     2012     2011     2010  
     (Dollars in thousands)  

Parent

   $     $     $ 310  

Interest related to sale of tax benefits

     6,827       7,837       5,429  

Loss on interest rate lock transactions*

           16,380        

Other

     69,206       56,951       44,227  

Less — amount capitalized

     (11,964     (11,709     (9,493
  

 

 

   

 

 

   

 

 

 
   $ 64,069     $ 69,459     $ 40,473  
  

 

 

   

 

 

   

 

 

 

 

* The interest rate lock transactions are related to the OFC 2 Secured Notes and were not accounted for as a hedge (see Note 11).