General Information (Tables)

12 Months Ended

Dec. 31, 2012

Reconciliation of Total Interest Cost to Interest Expense

A reconciliation of our total interest cost to “Interest expense” as reported in our Consolidated Statements of Operations is as follows:

	For the Year Ended December 31,
	2012			2011			2010
	(In thousands)
Total interest cost including amortization of debt issuance costs	$	83,890		$	84,349		$	90,698
Capitalized interest		(37,674	)		(11,212	)		--
Total interest expense as reported	$	46,216		$	73,137		$	90,698

Summary of Cold Stacked Rigs Evaluated for Impairment

A summary of our cold-stacked rigs evaluated for impairment at December 31, 2012, 2011 and 2010 is as follows:

	December 31,
	2012		2011		2010
	(In millions, except number of rigs)
Mid-Water floaters		--		3		3
Jack-ups		--		5		4
Total		--		8		7
Aggregate net book value	$	--	$	76.5	$	78.0