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Debt Issuance Costs
6 Months Ended
Jun. 30, 2014
Debt Issuance Costs

7. Debt Issuance Costs

We capitalize the debt issuance costs related to issuing long-term debt and amortize these costs using the effective interest method, except for costs related to revolving debt, which are amortized using the straight-line method. Amortization of debt issue costs and the accelerated write-off of debt issue costs in connection with refinancing activities are recorded as a component of interest expense. We had net debt issuance costs of $10.3 million and $11.4 million (of which $2.2 million and $2.2 million were included in other current assets) as of June 30, 2014 and December 31, 2013, respectively. In connection with the March 2013 refinancing of our indebtedness, we charged to interest expense $5.0 million of unamortized debt issuance costs related to our previously existing indebtedness and we capitalized $4.8 million of debt issuance costs related to our new indebtedness. We amortized $0.6 million and $0.5 million of debt issuance costs for the three months ended June 30, 2014 and 2013, respectively, and $1.1 million and $1.3 million (which excludes the $5.0 million of accelerated amortization) of debt issuance costs for the six months ended June 30, 2014 and 2013, respectively.