Long-Term Debt and Capital Lease Obligations (Table)

3 Months Ended

Mar. 31, 2012

Debt Disclosure [Abstract]

Long term debt and capital lease obligations

The current and non-current portions of long-term debt and capital lease obligations as of March 31, 2012 and December 31, 2011 are as follows (in thousands):

	March 31, 2012				December 31, 2011
	Current		Non-Current		Current		Non-Current
3.25% Convertible Senior Notes due March 2028	$	46,157	$	—	$	—	$	45,545
Kensington Term Facility	21,747		54,075		15,398		60,425
Capital lease obligations	12,953		9,859		17,119		9,891
Other	—		—		85		—
	$	80,857	$	63,934	$	32,602	$	115,861

Interest expenses incurred for various debt instruments

For the three months ended March 31, 2012 and 2011, the Company expensed interest of $6.7 million and $9.3 million, respectively.

	Three month ended March 31,
	2012			2011
	(in thousands)
3.25% Convertible Senior Notes due March 2028	$	395		$	395
1.25% Convertible Senior Notes due January 2024	—			1
Senior Term Notes due December 2012	—			488
Kensington Term Facility	974			1,105
Capital lease obligations	343			466
Other debt obligations	69			469
Gold Lease Facility	—			107
Accretion of Franco Nevada royalty obligation	5,104			5,267
Amortization of debt issuance costs	256			624
Accretion of debt discount	612			560
Capitalized interest	(1,083		)	(178		)
Total interest expense, net of capitalized interest	$	6,670		$	9,304