Deferred Finance Costs

9 Months Ended

Sep. 30, 2014

Deferred Finance Costs

5. Deferred Finance Costs

The following summarizes the Company’s deferred finance costs at September 30, 2014 and December 31, 2013 (in thousands):

	September 30, 2014			December 31, 2013
Gross amount	$	25,531		$	21,881
Accumulated amortization		(7,880	)		(5,238	)
Net	$	17,651		$	16,643

For the three and nine months ended September 30, 2014, the Company wrote-off deferred financing costs of $0 and $0.8 million, respectively, with approximately $0 and $0.3 million, respectively, of accumulated amortization associated with the refinancing of the Company’s secured Revolving Credit Facility (as defined below) to a new unsecured revolving credit facility for the net recognition as loss on extinguishment of debt of approximately $0 and $0.5 million, respectively.