Debt (Tables)

9 Months Ended

Sep. 30, 2012

Debt Disclosure [Abstract]

Schedule of carrying values and estimated fair values of debt instruments

The carrying values of the company's debt represent amortized cost and are summarized below with estimated fair values:

	September 30, 2012					December 31, 2011					September 30, 2011
	Carrying Value			Estimated Fair Value		Carrying Value			Estimated Fair Value		Carrying Value			Estimated Fair Value
(In thousands)
Parent company1:
7½% Senior Notes due 2014	$	106,438		$	105,000	$	106,438		$	107,000	$	156,438		$	158,000
4.25% Convertible Senior Notes due 2016	150,542			175,000		143,367			172,000		141,117			176,000
Subsidiary2:
Credit Facility Revolving Loan	20,000			19,000		—			—		—			—
Credit Facility Term Loan	309,375			300,000		321,750			321,000		325,875			324,000
Other	761			700		924			900		979			900
Less current portion	(40,903		)			(16,774		)			(16,774		)
Total long-term debt	$	546,213				$	555,705				$	607,635

¹  The fair value of the parent company debt is based on observable inputs, which include quoted prices for similar assets or liabilities in an active market and market-corroborated inputs (Level 2). See also Note 8 for discussion of fair value.

²  Credit facilities and other subsidiary debt may be traded on the secondary loan market, and the fair value of the Term Loan is based on either the last available trading price, if recent, or trading prices of comparable debt (Level 3). See also Note 8 for discussion of fair value.

Schedule of the financial maintenance covenants during the Covenant Amendment Period [Table Text Block]

During the Covenant Amendment Period, the financial maintenance covenants are as follows:

Period(s) Ending	CBL Leverage Ratio no higher than:
Fiscal quarters ending 6/30/2012 - 12/31/2012	6.50x
Fiscal quarter ending 3/31/2013	5.75x
Fiscal quarter ending 6/30/2013	4.50x
Fiscal quarter ending 9/30/2013	4.00x
Fiscal quarter ending 12/31/2013 and the end of any fiscal quarter ended thereafter	3.50x
Period(s) Ending	Fixed Charge Coverage Ratio at least:
Fiscal quarters ending 6/30/2012 - 6/30/2013	1.00x
Fiscal quarter ending 9/30/2013 and the end of any fiscal quarter ended thereafter	1.15x

Schedule of Debt

The carrying amounts of the debt and equity components of the Convertible Notes are as follows:

(In thousands)	September 30, 2012			December 31, 2011			September 30, 2011
Principal amount of debt component1	$	200,000		$	200,000		$	200,000
Unamortized discount	(49,458		)	(56,633		)	(58,883		)
Net carrying amount of debt component	$	150,542		$	143,367		$	141,117
Equity component	$	84,904		$	84,904		$	84,904
Issuance costs and income taxes	(3,210		)	(3,210		)	(3,210		)
Equity component, net of issuance costs and income taxes	$	81,694		$	81,694		$	81,694

¹  As of September 30, 2012, December 31, 2011 and September 30, 2011, the Convertible Notes' "if-converted" value did not exceed their principal amount because the company's common stock price was below the conversion price of the Convertible Notes.

Convertible notes interest expense

The interest expense related to the Convertible Notes was as follows:

	Quarter ended September 30,				Nine months ended September 30,
(In thousands)	2012		2011		2012		2011
4.25% coupon interest	$	2,125	$	2,125	$	6,375	$	6,375
Amortization of deferred financing fees	117		117		352		352
Amortization of discount on the debt component	2,465		2,184		7,175		6,356
Total interest expense related to the Convertible Notes	$	4,707	$	4,426	$	13,902	$	13,083