DEFERRED REVENUE AND COSTS

12 Months Ended

Dec. 31, 2011

DEFERRED REVENUE AND COSTS [Abstract]

DEFERRED REVENUE AND COSTS

(14)       DEFERRED REVENUE AND COSTS

Deferred revenue in the accompanying Consolidated Balance Sheets consist of the following (amounts in thousands):

		December 31,
		2011		2010
Deferred Revenue - Current		$	15,895	$	5,570
Deferred Revenue - Long-term			13,976		2,980
	Total Deferred Revenue	$	29,871	$	8,550

Activity for the Company's Deferred revenue was as follows (amounts in thousands):

				Year Ended December 31,
			2011		2010		2009
Balance, beginning of year			$	8,550	$	15,667	$	16,908
	Add: Amounts deferred due to new business			67,058		8,761		23,513
	Less: Revenue recognized			(45,741)		(15,962)		(25,388)
		Net increase/(decrease) in deferred revenue		21,317		(7,201)		(1,875)
	Effect of foreign currency			4		84		634
Balance, end of year			$	29,871	$	8,550	$	15,667

Deferred costs in the accompanying Consolidated Balance Sheets consist of the following (amounts in thousands):

		December 31,
		2011		2010
Deferred Costs - Current		$	8,574	$	1,135
Deferred Costs - Long-term			10,030		3,598
	Total Deferred Costs	$	18,604	$	4,733

Activity for the Company's Deferred costs was as follows (amounts in thousands):

				Year Ended December 31,
			2011		2010		2009
Balance, beginning of year			$	4,733	$	4,873	$	8,389
	Add: Amounts deferred due to new business			24,569		4,476		7,180
	Less: Recognized expense			(10,701)		(4,636)		(10,657)
		Net increase/(decrease) in deferred costs		13,868		(160)		(3,477)
	Effect of foreign currency			3		20		(39)
Balance, end of year			$	18,604	$	4,733	$	4,873