Debt (Tables)

6 Months Ended

Jun. 30, 2015

Long term debt and capital lease obligations

Long-term debt and capital lease obligations at June 30, 2015 and December 31, 2014 are as follows:



	June 30, 2015				December 31, 2014
In thousands	Current		Non-Current		Current		Non-Current
3.25% Convertible Senior Notes due 2028	$	—	$	712	$	5,334	$	—
7.875% Senior Notes due 2021, net⁽¹⁾	—		426,234		—		427,603
Term Loan due 2020, net⁽²⁾	1,000		93,673		—		—
San Bartolomé Letter of Credit	486		8,655		4,481		10,304
Capital lease obligations	7,635		9,315		7,683		13,141
	$	9,121	$	538,589	$	17,498	$	451,048

⁽¹⁾Net of unamortized debt issuance costs and premium received of $6.7 million and $7.3 million as of June 30, 2015 and December 31, 2014, respectively.

⁽²⁾Net of unamortized debt issuance costs of $5.3 million as of June 30, 2015.

Interest expenses incurred for various debt instruments

Interest expense consists of the following:



	Three months ended June 30,						Six months ended June 30,
In thousands	2015			2014			2015			2014
3.25% Convertible Senior Notes due 2028	$	6		$	43		$	43		$	86
7.875% Senior Notes due 2021	8,523			8,859			17,085			15,323
Short-term Loan	326			—			326			—
Term Loan due 2020	148			—			148			—
San Bartolomé Line of Credit	293			—			565			—
Revolving Credit Facility	—			—			—			179
Loss on Revolving Credit Facility	—			—			—			3,035
Capital lease obligations	272			333			570			392
Accretion of Palmarejo gold production royalty obligation	1,771			2,898			3,802			6,094
Amortization of debt issuance costs	508			420			913			918
Accretion of debt premium	(104		)	(108		)	(209		)	(144		)
Capitalized interest	(1,009		)	(135		)	(1,744		)	(518		)
Total interest expense, net of capitalized interest	$	10,734		$	12,310		$	21,499		$	25,365