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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2012
Long-Term Debt [Abstract]  
Schedule Of Long-Term Debt

 

 

 

 

 

 

 

December 31,

 

2012 

 

2011 

Senior secured revolving credit facility

$

470,000 

 

$

500,000 

9.25% Senior Notes due 2020 (1)

 

296,076 

 

 

 -

Long-term debt allocated from the Predecessor (2)

 

 -

 

 

115,000 

 

$

766,076 

 

$

615,000 

 

 

 

 

 

 

Letters of credit  (3)

$

23,488 

 

$

 -

Letters of credit allocated from the Predecessor (4)

$

 -

 

$

21,000 

 

(1)

The amount is net of unamortized discount of $3.9 million as of December 31, 2012.

 

(2)

As of December 31, 2011, the portion of the Predecessor’s credit facility collateralized by the December 2012 Transferred Properties was $115.0 million.

 

(3)

These letters of credit relate to a reclamation deposit requirement. Refer to Note 9 – Commitment and Contingencies for details.

 

(4)

As of December 31 2011, the portion of the Predecessor’s letters of credit issued under its credit facilities by the December 2012 Transferred Properties was $21.0 million.