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Credit Facility
6 Months Ended
Jun. 30, 2012
Credit Facility [Abstract]  
Credit Facility

4. Credit Facility

As of June 30, 2012 the Company had $8.3 million drawn and a letter of credit totaling $5.7 million outstanding under the Credit Facility. The interest rate for borrowings under the Credit Facility is a function of the prime rate (base rate) or Eurodollar rate, as elected by the Company, plus the applicable margin based on the Leverage Ratio, as defined in the agreement. The interest rate at June 30, 2012 was 4.25%.