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Debt and Capital Lease Obligations (Table)
3 Months Ended
Mar. 31, 2013
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, 2013 and December 31, 2012 are as follows (in thousands):
 
March 31,
2013
 
December 31,
2012
 
Current
 
Non-Current
 
Current
 
Non-Current
3.25% Convertible Senior Notes due March 2028
$

 
$
5,334

 
$
48,081

 
$

7.875% Senior Notes due 2021

 
300,000

 

 

Capital lease obligations
6,130

 
2,457

 
7,902

 
3,460

 
$
6,130

 
$
307,791

 
$
55,983

 
$
3,460

Interest expenses incurred for various debt instruments
For the three months ended March 31, 2013 and 2012, the Company expensed interest of $9.7 million and $6.7 million, respectively.
 
Three months ended
March 31,
 
2013
2012
 
(in thousands)
3.25% Convertible Senior Notes due March 2028
$
337

$
395

7.875% Senior Notes due January 2021
4,134


Revolving Credit Facility
125


Kensington Term Facility (terminated in 2012)

974

Capital lease obligations
168

343

Other debt obligations
197

69

Accretion of Franco Nevada royalty obligation
4,062

5,104

Amortization of debt issuance costs
525

256

Accretion of debt discount
577

612

Capitalized interest
(393
)
(1,083
)
Total interest expense, net of capitalized interest
$
9,732

$
6,670