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Indebtedness (Tables)
6 Months Ended
Jun. 30, 2013
Indebtedness [Abstract]  
Schedule of Indebtedness

 

 

 

 

 

 

 

 

 

June 30,
2013

 

December 31,
2012

 

 

(In thousands)

8.25% Senior Notes, face amount of $510.0 million, interest rate of 8.25% payable semi-annually,

 

 

 

 

 

 

in arrears on  February 15 and August 15 of each year,  maturity date February 15, 2018

 

$

496,106 

 

$

494,911 

Senior credit facility, interest rate based on base rate or LIBOR plus a floating spread, maturity

 

 

 

 

 

 

date October 31, 2016 

 

 

165,000 

 

 

195,000 

Total indebtedness

 

 

661,106 

 

 

689,911 

Current portion of indebtedness

 

 

 -

 

 

 -

Noncurrent portion of indebtedness

 

$

661,106 

 

$

689,911