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Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Long-Term Debt Instruments

Long-term debt consists of the following (in thousands):

 

     December 31,
2012
     December 31,
2011
 

Credit Facilities:

     

Revolver

   $       $   

7.125% Senior Notes

             225,000   

7.75% Senior Notes due 2019

     475,000         475,000   

7.75% Senior Notes due 2022

     300,000           

Unamortized (discount) premium

     1,683         1,892   

Capital leases and other notes

     106,458         81,199   
  

 

 

    

 

 

 
     883,141         783,091   

Less current portion

     38,235         34,115   
  

 

 

    

 

 

 
   $ 844,906       $ 748,976   
  

 

 

    

 

 

 


Schedule of Debt Maturities Including Capital Leases

As of December 31, 2012 the aggregate maturities of debt, including capital leases, for the next five years and thereafter are as follows (in thousands):

 

     Debt      Capital Leases  

2013

   $       $ 38,073   

2014

             30,747   

2015

             20,882   

2016

             14,215   

2017

             622   

Thereafter

     775,000         1,919   
  

 

 

    

 

 

 
   $ 775,000       $ 106,458   
  

 

 

    

 

 

 


Schedule of Interest Expense

Basic’s interest expense consisted of the following (in thousands):

 

    Years ended December 31,  
    2012     2011     2010  

Cash payments for interest

  $ 56,522      $ 47,077      $ 43,814   

Commitment and other fees paid

    1,658        915        19   

Amortization of debt issuance costs and discount on senior secured notes

    2,646        2,495        3,504   

Change in accrued interest

    1,559        3,347        4   

Capitalized interest

    (353            (887

Other

    406        52        17   
 

 

 

   

 

 

   

 

 

 

Total interest expense

  $ 62,438      $ 53,886      $ 46,471