COMMITMENTS (Tables)

12 Months Ended

Dec. 31, 2011

Minimum Rental Payments Required under Noncancelable Operating Leases

Minimum rental payments required under noncancelable operating leases as of December 31, 2011 are as follows:

Year Ended December 31,
2012	2013		2014		2015		2016		Thereafter		Total
(in thousands of U.S. dollars)
$22,283	$	19,386	$	16,324	$	12,164	$	9,386	$	30,348	$	109,891

Future Commitments Pursuant to Senior Executive Employment Agreements, which Include Non-compete Clauses, and Excluding any Discretionary Bonuses

Future commitments pursuant to senior executive employment agreements, which include non-compete clauses, and excluding any discretionary bonuses, are as follows:

	Year Ended December 31,
(in thousands of U.S. dollars)	2012		2013		2014		2015		2016		Thereafter		Total
Base Salary	$	1,560	$	1,560	$	1,560	$	515	$	515	$	1,030	$	6,740
Maximum Cash Bonus		530		—		—		—		—		—		530
Total	$	2,090	$	1,560	$	1,560	$	515	$	515	$	1,030	$	7,270