Gain on Extinguishment of Debt

3 Months Ended

Jun. 30, 2011

Gain on Extinguishment of Debt

Note 14. Gain on Extinguishment of Debt

Gain on extinguishment of debt for the six months ended June 30, 2011 and 2010 consisted of the following (in thousands):

	Six Months Ended June 30,
Gain on Extinguishment of Debt	2011		2010
Extinguishment of senior credit facility    and junior subordinated notes (1)		$74,404		$—
Termination of loan participation sold (2)		174,846		—
Other		1,726		463
Total		$250,976		$463

(1)	Represents the gain recorded on the extinguishment of certain of our legacy debt obligations as part of our March 2011 restructuring. See Note 1 for further discussion.
(2)	Represents the gain recorded on the termination of a loan participation sold which had previously been impaired. See Note 8 for further discussion.