DEBT AND CAPITAL LEASE OBLIGATIONS (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Long term debt and capital lease obligations

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


	December 31, 2012				December 31, 2011
	Current		Non-Current		Current		Non-Current
3.25% Convertible Senior Notes due March 2028	$	48,081	$	—	$	—	$	45,545
Kensington Term Facility		—		—		15,398		60,425
Capital lease obligations		7,902		3,460		17,119		9,891
Other		—		—		85		—

	$	55,983	$	3,460	$	32,602	$	115,861

Interest expenses incurred for various debt instruments

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


	Years Ended December 31,
	2012			2011			2010
	(in thousands)
3.25% Convertible Senior Notes due March 2028	$	1,581		$	1,581		$	2,394
1.25% Convertible Senior Notes due January 2024 (terminated in 2011)		—			1			28
Senior Term Notes (terminated in 2011)		—			1,381			5,074
Kensington Term Facility (terminated in 2012)		2,339			4,383			2,017
Gold Lease Facility (terminated in 2011)		—			—			677
Capital lease obligations		997			1,620			2,122
Other debt obligations		1,094			1,379			1,423
Accretion of Franco Nevada royalty obligation		19,139			22,230			20,502
Amortization of debt issuance costs		1,146			2,050			4,047
Accretion of debt discount		2,536			2,324			2,543
Capitalized interest		(2,663	)		(2,175	)		(9,885	)

Total interest expense, net of capitalized interest	$	26,169		$	34,774		$	30,942

Minimum Debt Repayment

The following is the Company’s scheduled minimum debt repayments at December 31, 2012:


December 31,	Minimum Debt Repayments (1)
2013	$	117,856
2014		64,278
2015		64,888
2016		56,602
2017		—
Thereafter		—

Minimum Debt Repayments		303,624
Debt discount		(48,560	)
Present value of net scheduled capital lease payments (See Note 14)		11,362

	$	266,426

(1)	Includes minimum gold production royalty obligation payments due to Franco-Nevada Corporation for royalty covering 50% of the life of mine gold to be produced from the Palmarejo silver and gold mine in Mexico.

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