Debt Obligations (Tables)

12 Months Ended

Dec. 31, 2011

Debt Obligations [Abstract]

Summary of outstanding debt balances

The following is a summary of the Company's outstanding debt balances (in thousands of dollars):

	December 31,			December 31,
	2011			2010
Long-term notes payable	$	350,000		$	-
Less current portion of long-term debt		(17,500	)		-
Long-term debt	$	332,500		$	-

Long-term debt scheduled maturities

Scheduled maturities of long-term debt for the year ended December 31, 2011 are as follows (in thousands of dollars):

2013	$	26,250
2014		52,500
2015		87,500
2016		166,250
Total	$	332,500