Long-term Debt (Tables)

9 Months Ended

Sep. 30, 2012

Long-term Debt [Abstract]

Schedule of Long-term Debt

Long-term debt consisted of the following (in thousands):

	September 30,		December 31,
	2012		2011
3.158% Title XI note payable, due July 2012, secured by the Bob Palmer	$	-	$	104,047
5.88% Title XI note payable, due March 2012, secured by the Gorilla VI		-		7,109
2.80% Title XI note payable, due October 2013, secured by the Gorilla VII		-		30,898
5% Senior Notes, due September 2017, net of discount (5.1% effective rate)		398,606		398,394
4.33% Title XI note payable, due May 2019, secured by the Scooter Yeargain		-		45,598
7.875% Senior Notes, due August 2019, net of discount (8.0% effective rate)		497,759		497,511
3.525% Title XI note payable, due May 2020, secured by the Bob Keller		-		50,801
4.875% Senior Notes, due June 2022, net of discount (5.0% effective rate)		496,786		-
Total long-term debt		1,393,151		1,134,358
Less: Current maturities		-		(45,023	)
Long-term debt, excluding current maturities	$	1,393,151	$	1,089,335