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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2012
Fair Value Disclosures [Abstract]  
Assets And Liabilities Measured At Fair Value On A Recurring Basis
The following tables present the Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2012 and 2011, and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine such fair value:
 
 
 
December 31, 2012
 
December 31, 2011
 
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
 
(In thousands)
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative instruments
 
$

 
$
36,452

 
$

 
$
36,452

 
$

 
$
61,063

 
$

 
$
61,063

Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivative instruments
 

 
(7,291
)
 

 
(7,291
)
 

 
(23,569
)
 

 
(23,569
)
Total
 
$

 
$
29,161

 
$

 
$
29,161

 
$

 
$
37,494

 
$

 
$
37,494

Schedule of Fair Value of Debt Instruments
The following table presents the carrying amounts and fair values of the Company’s senior notes and convertible senior notes, based on quoted market prices, as of December 31, 2012 and 2011.
 
 
December 31, 2012
 
December 31, 2011
 
 
Carrying Amount
 
Fair Value
 
Carrying Amount
 
Fair Value
 
 
(In thousands)
8.625% Senior Notes
 
$
595,151

 
$
645,000

 
$
594,535

 
$
606,000

7.50% Senior Notes
 
300,000

 
308,250

 

 

4.375% Convertible Senior Notes
 
72,657

 
73,842

 
69,951

 
73,013