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Long-term Debt, Net (Tables)
 6 Months Ended
Jun. 30, 2012
Debt Disclosure [Abstract]  
Schedule of long-term debt, net
Long-term debt, net consisted of the following (in thousands):
 
JUNE 30,
 
DECEMBER 31,
 
2012
 
2011
Senior secured term loan facility, interest rates of 2.56% and 2.63% at June 30, 2012 and December 31, 2011, respectively (1) (2)
$
1,007,850

 
$
1,014,400

Senior secured pre-funded revolving credit facility, interest rate of 2.63% at December 31, 2011 (2)
—

 
33,000

Mortgage loan, weighted average interest rate of 3.96% at June 30, 2012 (3)
323,530

 
—

First mezzanine loan, interest rate of 9.00% at June 30, 2012 (3)
87,465

 
—

Second mezzanine loan, interest rate of 11.25% at June 30, 2012 (3)
87,520

 
—

Note payable, weighted average interest rate of 0.98% at December 31, 2011 (3)
—

 
466,319

First mezzanine note, interest rate of 3.28% at December 31, 2011 (3)
—

 
88,900

Second mezzanine note, interest rate of 3.53% at December 31, 2011 (3)
—

 
123,190

Third mezzanine note, interest rate of 3.54% at December 31, 2011 (3)
—

 
49,095

Fourth mezzanine note, interest rate of 4.53% at December 31, 2011 (3)
—

 
48,113

Senior notes, interest rate of 10.00% at June 30, 2012 and December 31, 2011 (2)
248,075

 
248,075

Other notes payable, uncollateralized, interest rates ranging from 0.73% to 7.00% and from 0.76% to 7.00% at June 30, 2012 and December 31, 2011, respectively (2)
9,213

 
9,094

Sale-leaseback obligations (2)
2,375

 
2,375

Capital lease obligations (2)
2,382

 
2,520

Guaranteed debt, interest rate of 2.67% and 2.65% at June 30, 2012 and December 31, 2011, respectively (2)
24,500

 
24,500

 
1,792,910

 
2,109,581

Less: current portion of long-term debt
(26,580
)
 
(332,905
)
Less: guaranteed debt
(24,500
)
 
(24,500
)
Less: debt discount
(4,620
)
 
(291
)
Long-term debt, net
$
1,737,210

 
$
1,751,885

________________
(1)
At December 31, 2011, $61.9 million of the Company’s outstanding senior secured term loan facility was at an interest rate of 4.50%.
(2)
Represents obligations of OSI.
(3)
Represents obligations of New PRP (as defined below) at June 30, 2012 and obligations of PRP at December 31, 2011.