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DERIVATIVES AND HEDGING ACTIVITIES (Tables)
12 Months Ended
Dec. 31, 2011
DERIVATIVES AND HEDGING ACTIVITIES  
Schedule of fair value of derivative instruments

 

 

 
  Statement of Financial
Position Location
  December 31, 2011  

Interest rate swaps

  Other non-current liabilities   $ 30,094  
Schedule of effect of the company's interest rate swaps on the consolidated statements of income (loss)

 

 

 
  Year Ended
December 31,
 
 
  2011   2010  

Derivatives in cash flow hedging relationships:

             

Amount of loss recognized in OCI (effective portion)(1)

  $ (36,643 ) $  

Amount of loss reclassified from accumulated OCI into earnings (effective portion)(2)

    (7,220 )    

Amount of loss recognized in earnings (ineffective portion)(2)

    (3,492 )    

(1)
"OCI" represents other comprehensive income.

(2)
Loss is recognized in "Interest expense—net" in the Statements of Income.
Schedule of notional amount and fair value of put rights included in other non-current assets

 

 

 
  December 31, 2011   December 31, 2010  
 
   
  Fair Value    
  Fair Value  
 
  Notional
Amount
  Derivative
Asset
  Notional
Amount
  Derivative
Asset
 

Free-standing put rights

  $ 978,883   $   $ 870,402   $ 800  
Schedule of net losses recorded as a component of non-operating expenses

 

 

 
  Year Ended
December 31,
2011
  Year Ended
December 31,
2010
  Six Months Ended
December 31,
2009
 

Free-standing put rights

  $ (800 ) $ (4,300 ) $ (9,100 )