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FINANCING ARRANGEMENTS (Tables)
3 Months Ended
Mar. 31, 2012
Debt Disclosure [Abstract]  
Summary of the entity's financial arrangements
The following table is a summary of the Company’s financing arrangements (in thousands):
 
 
 
March 31,
2012
 
December 31,
2011
 
 
 
 
 
Senior secured notes, at 7.625%, due August 15, 2016
 
$
520,000

 
$
520,000

Revolving credit facility, due May 31, 2016
 

 

Unamortized notes premium and discount, net
 
3,833

 
4,203

Long-term obligations
 
$
523,833

 
$
524,203