BORROWINGS (Tables)

9 Months Ended

Sep. 30, 2012

Principal Repayments

The following is a schedule by years of the future principal repayments for borrowings as of September 30, 2012:

	September 30, 2012		December 31, 2011
Principal repayments for the following years
2012	$	53,203	$	78,504
2013		389,114		304,645
2014		0		0
2015		0		0
2016 and beyond		933,871		932,089
Total	$	1,376,188	$	1,315,238

Convertible Senior Notes Due 2013 [Member]

Total Obligations Under Senior Notes

Senior Notes, with the next coupon due for payment on March 15, 2013. Total obligations under the Convertible Senior Notes are shown net of deferred finance costs, amortized over the life of the borrowings using the effective interest rate method as shown in the table below:

	September 30, 2012			December 31, 2011
Convertible Senior Notes	$	257,858		$	310,000
Unamortized debt discount		(320	)		(1,070	)
Debt discount related to ASC 470-20		(416	)		(4,285	)
Total	$	257,122		$	304,645

Senior Notes due March 18, 2013 (New Debt) [Member]

Total Obligations Under Senior Notes

shares of common stock at a price $3.44 per share of common stock. Pursuant to the Amended SPA, the final maturity date for the Debt Security will be extended to July 31, 2016.

	September 30, 2012		December 31, 2011
Senior Notes due 2013	$	70,000	$	0
Total	$	70,000	$	0

Convertible Senior Notes due 2016 [Member]

Total Obligations Under Senior Notes

As of September 30, 2012 and December 31, 2011 the Company had accrued interest of $28.0 million and $7.0 million, respectively related to the Senior Secured Notes due 2016, with the next coupon due for payment on December 1, 2012.

	September 30, 2012			December 31, 2011
Senior Secured Notes due 2016	$	936,635		$	935,296
Unamortized debt discount		(2,764	)		(3,207	)
Total	$	933,871		$	932,089