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Current Portion of Debt
6 Months Ended
Jun. 30, 2011
Current Portion of Debt [Abstract]  
Current Portion of Debt
3. Current Portion of Debt
     The Company has an agreement with a consortium of lenders to provide up to $150.0 million of financing to the Company through a five-year, unsecured revolving credit facility (the “Credit Facility”), expiring on December 20, 2011. The agreement contains an expansion feature for the Company to increase the total financing available under the Credit Facility by up to $50.0 million to an aggregate of $200.0 million. Such increased financing would be provided by one or more existing Credit Facility lending institutions, subject to the approval of the lenders, and/or in combination with one or more new lending institutions, subject to the approval of the Credit Facility’s administrative agent.
     The Company expects to renew or replace the Credit Facility prior to its expiration. As of June 30, 2011, and December 31, 2010, the outstanding borrowings under the Credit Facility were $5.0 million and $53.0 million, respectively.
     Interest paid during each of the six-month periods ended June 30, 2011, and 2010, was $0.3 million and $0.5 million, respectively.