Subsequent Events

6 Months Ended

Jun. 30, 2011

Subsequent Events [Abstract]

Subsequent Events

13. Subsequent Events

In July 2011, the Company entered into a $30 million fixed rate swap contract with a third party as a hedge against the floating interest rate on its credit facility. Under the contract terms, the Company will effectively lock in the Eurodollar LIBOR portion of the interest calculation at approximately 0.578% for a portion of its outstanding debt. The contract is effective July 6, 2011 through December 31, 2012.

The Company has noted no additional events, other than noted above, that require recognition or disclosure at June 30, 2011.