DEBT (Tables)

12 Months Ended

Dec. 31, 2013

Schedule Of Debt Outstanding

Debt outstanding consists of the following (in thousands):

	December 31,
	2013		2012
Revolving Credit Facility, principal due at maturity in December 2017; interest payable periodically at variable interest rates. The weighted average rate at both December 31, 2013 and 2012 was 1.7%.	$	530,000	$	655,000
4.625% Senior Notes, principal due at maturity in May 2023; interest payable semi-annually in May and November at 4.625%.		350,000		—
4.125% Senior Notes, principal due at maturity in April 2020; interest payable semi-annually in April and October at 4.125%.		325,000		—
7.75% Senior Notes, principal due at maturity in June 2017; interest payable semi-annually in June and December at 7.75%. These notes were redeemed during 2013 as further described hereafter.		—		456,545
	$	1,205,000	$	1,111,545

Schedule of Principal Payments

Scheduled principal payments as of December 31, 2013 for the next five years and thereafter were as follows (in thousands):

2014	$	—
2015		—
2016		—
2017		530,000
2018		—
Thereafter		675,000
Total debt	$	1,205,000