Senior Notes (Tables)

3 Months Ended

Mar. 31, 2015

Senior Notes

Schedule of senior notes

			March 31, 2015						December 31, 2014
		Principal		Carrying Value		Fair Value (1)		Principal		Carrying Value		Fair Value (1)
8.50% senior notes due 2019, net of
	unamortized discount		300,000		298,541		303,750		300,000		298,480		315,000
6.375% senior notes due 2024			200,000		200,000		177,000		200,000		200,000		189,500
Total senior notes		$	500,000	$	498,541	$	480,750	$	500,000	$	498,480	$	504,500

(1)The fair value of the senior notes was based on observable market inputs, which are considered Level 2 in the fair value hierarchy.