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Subsequent Event
6 Months Ended
Jun. 30, 2013
Subsequent Event  
Subsequent Event

Note 21—Subsequent Event

 

On July 25, 2013, the Company exercised its option to draw down the remaining $25 million under the Notes Agreement, as described in Note 11 — Credit Arrangements.  The notes are due July 25, 2023 and bear interest at an annual rate of 3.85% paid quarterly in arrears.  Seven annual principal payments of $3.6 million are required beginning July 25, 2017 with a final payment due on July 25, 2023.  All other terms and conditions under the Notes Agreement remain unchanged.