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Long Term Debt (Tables)
6 Months Ended
Jun. 30, 2016
Long-term Debt, Unclassified [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]
Long-term debt as of June 30, 2016 and December 31, 2015 consists of the following (in thousands):
 
 
June 30, 2016
 
December 31, 2015
8% Senior Notes
$
247,048

 
$
246,750

3.25% Convertible Notes
358,234

 
354,436

Less: Deferred issuance costs (1)
(8,469
)
 
(9,149
)
Total long-term debt
596,813

 
592,037

Less: current portion

 

Total long-term debt, less current portion
$
596,813

 
$
592,037


(1) The Company adopted ASU 2015-03 Interest - Imputation Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs during the first quarter of 2016 on a retrospective basis. At December 31, 2015, $9.1 million of deferred issuance costs were classified as a reduction of Long-term debt on our consolidated balance sheets.