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Other Expense
6 Months Ended
Jun. 30, 2012
Other Expense [Abstract]  
Other Expense
Other Expense
The following table provides the components of the Company's other expense:
 
 
Three Months Ended
June 30,
 
Six Months Ended
June 30,
 
 
2012
 
2011
 
2012
 
2011
 
 
(in thousands)
Transportation commitment charges (a)
 
$
9,227

 
$
5,688

 
$
17,680

 
$
10,960

Above market drilling rig rates (b)
 
5,760

 
5,410

 
10,746

 
10,569

Terminated drilling rig contract charges (c)
 
8,960

 

 
8,960

 

Inventory valuation charges (d)
 
1,262

 
302

 
7,454

 
587

Other
 
4,578

 
(934
)
 
6,346

 
2,549

Premier Silica acquisition costs
 
1,190

 

 
2,173

 

Contingency and environmental accrual adjustments
 
(326
)
 
1,587

 
702

 
2,882

Loss on extinguishment of debt
 

 

 
197

 
2,367

Total other expense
 
$
30,651

 
$
12,053

 
$
54,258

 
$
29,914


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(a)
Primarily represents firm transportation payments on excess pipeline capacity commitments.
(b)
Primarily represents expenses attributable to the portion of Pioneer's contracted drilling rig rates that are above current market rates and idle drilling rig fees, neither of which are charged to joint operations.
(c)
Primarily represents charges to terminate rig contracts that are not required to meet planned drilling activities.
(d)
Represents valuation charges on excess materials and supplies inventories; principally related to dry gas assets.