Other Liabilities

6 Months Ended

Jun. 30, 2011

Note 12 – Other Liabilities

Other liabilities are summarized as follows (dollars in thousands):

	June 30, 2011		December 31, 2010
Current liabilities
Security deposit payable	$	204	$	141

Other liabilities
Foreign withholding taxes	$	5,944	$	5,944
Straight-line rent liability		7,952		7,559
Capital lease liability		5,692		5,637
Environmental reserve		1,656		1,656
Accrued pension		4,596		4,406
Interest rate swap – non-qualifying hedge		1,412		181
Acquired leases		3,093		3,264
Other payable		2,603		2,603
Other		712		945
Other liabilities	$	33,660	$	32,195

Included in our other liabilities are accrued pension costs of $4.6 million at June 30, 2011. The benefits of our pension plans are fully vested, and, as such, no service costs were recognized for the three and six months ended June 30, 2011 and 2010. Our pension plans are unfunded; therefore, the actuarial assumptions do not include an estimate for expected return on plan assets. For the three and six months ended June 30, 2011, we recognized $100,000 and $190,000, respectively, of interest cost and $82,000 and $164,000, respectively, of amortized prior service cost. For the three and six months ended June 30, 2010, we recognized $76,000 and $152,000, respectively, of interest cost and $76,000 and $152,000, respectively, of amortized prior service cost.