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Long-Term Debt
12 Months Ended
Dec. 31, 2011
Notes to Financial Statements [Abstract]  
Long-term Debt
LONG-TERM DEBT:
 
 
December 31,
 
2011
 
2010
Debt:
 
 
 
Senior notes due April 2017 at 8.00%, issued at par value
$
1,500,000

 
$
1,500,000

Senior notes due April 2020 at 8.25%, issued at par value
1,250,000

 
1,250,000

Senior notes due March 2021 at 6.375%, issued at par value
250,000

 

Senior secured notes due March 2012 at 7.875% (par value of $250,000 less unamortized discount of $242 at December 31, 2010)

 
249,758

Baltimore Port Facility revenue bonds in series due September 2025 at 5.75%
102,865

 
102,865

Advance royalty commitments (6.73% and 7.56% weighted average interest rate for December 31, 2011 and 2010, respectively)
31,053

 
32,211

Note Due December 2012 at 6.10%

 
10,438

Other long-term notes maturing at various dates through 2031
75

 
93

 
3,133,993

 
3,145,365

Less amounts due in one year
11,759

 
16,629

Long-Term Debt
$
3,122,234

 
$
3,128,736



Annual undiscounted maturities on long-term debt during the next five years are as follows:
Year ended December 31,
Amount
2012
$
11,759

2013
3,275

2014
3,004

2015
2,732

2016
2,555

Thereafter
3,110,668

      Total Long-Term Debt Maturities
$
3,133,993


On March 9, 2011 CONSOL Energy closed the offering of $250,000 of 6.375% senior notes which mature on March 1, 2021. The notes are guaranteed by substantially all of our existing wholly owned domestic subsidiaries.
On April 11, 2011, CONSOL Energy redeemed all of its outstanding $250,000, 7.875% senior secured notes due March 1, 2012 in accordance with the terms of the indenture governing these notes. The redemption price included principal of $250,000, a make-whole premium of $15,785 and accrued interest of $2,188 for a total redemption cost of $267,973. The loss on extinguishment of debt was $16,090, which primarily represents the interest that would have been paid on these notes if held to maturity.
In August 2011, CONSOL Energy paid the remaining principal balance on the 6.10% Notes due December 2012. The early debt retirement was completed as a condition of a drilling services contract termination with a variable interest entity.
Transaction and financing fees of $14,907 were incurred during the year ended December 31, 2011 related to the solicitation of consents from the holders of CONSOL Energy's outstanding 8.00% Senior Notes due 2017, 8.25% Senior Notes due 2020 and 6.375% Senior Notes due 2021. The consents allowed an amendment of the indentures for each of those notes, clarifying that the joint venture transactions with Noble and Hess were permissible under those indentures. See Note 2–Acquisitions and Dispositions for additional information.