Debt and Capital Lease Obligations (Table)

6 Months Ended

Jun. 30, 2013

Long term debt and capital lease obligations

The current and non-current portions of long-term debt and capital lease obligations as of June 30, 2013 and December 31, 2012 are as follows (in thousands):



	June 30, 2013				December 31, 2012
	Current		Non-Current		Current		Non-Current
3.25% Convertible Senior Notes due 2028	$	—	$	5,334	$	48,081	$	—
7.875% Senior Notes due 2021	—		300,000		—		—
Capital lease obligations	5,485		1,244		7,902		3,460
	$	5,485	$	306,578	$	55,983	$	3,460

Interest expenses incurred for various debt instruments

For the three and six months ended June 30, 2013, the Company expensed interest of $10.9 million and $20.7 million, respectively. For the three and six months ended June 30, 2012, the Company expensed interest of $7.6 and $14.2 million, respectively.

Interest expense is made up of the following (in thousands):



	Three months ended June 30,					Six months ended June 30,
	2013		2012			2013			2012
3.25% Convertible Senior Notes due 2028	$	43	$	395		$	380		$	791
7.875% Senior Notes due 2021	5,906		—			10,041			—
Revolving Credit Facility	133		—			258			—
Kensington Term Facility (terminated in 2012)	—		906			—			1,880
Capital lease obligations	98		265			266			608
Other debt obligations	72		162			268			230
Accretion of Palmarejo gold production royalty obligation	4,107		5,559			8,170			10,663
Amortization of debt issuance costs	539		251			1,064			508
Accretion of debt discount	—		629			576			1,241
Capitalized interest	32		(610		)	(361		)	(1,694		)
Total interest expense, net of capitalized interest	$	10,930	$	7,557		$	20,662		$	14,227