DEFERRED REVENUE AND COSTS

12 Months Ended

Dec. 31, 2012

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,
		2012		2011
Deferred Revenue - Current		$	26,892	$	15,895
Deferred Revenue - Long-term			21,880		13,976
	Total Deferred Revenue	$	48,772	$	29,871

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

				Year Ended December 31,
			2012		2011		2010
Balance, beginning of year			$	29,871	$	8,550	$	15,667
	Add: Amounts deferred due to new business			55,923		67,058		8,761
	Less: Revenue recognized			(37,051)		(45,741)		(15,962)
		Net increase/(decrease) in deferred revenue		18,872		21,317		(7,201)
	Effect of foreign currency			29		4		84
Balance, end of year			$	48,772	$	29,871	$	8,550

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

		December 31,
		2012		2011
Deferred Costs - Current		$	12,996	$	8,574
Deferred Costs - Long-term			11,625		10,030
	Total Deferred Costs	$	24,621	$	18,604

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

				Year Ended December 31,
			2012		2011		2010
Balance, beginning of year			$	18,604	$	4,733	$	4,873
	Add: Amounts deferred due to new business			26,211		24,569		4,476
	Less: Recognized expense			(20,220)		(10,701)		(4,636)
		Net increase/(decrease) in deferred costs		5,991		13,868		(160)
	Effect of foreign currency			26		3		20
Balance, end of year			$	24,621	$	18,604	$	4,733