OTHER (EXPENSE) INCOME, NET

9 Months Ended

Sep. 30, 2012

OTHER (EXPENSE) INCOME, NET

OTHER (EXPENSE) INCOME, NET

NOTE 13 — OTHER (EXPENSE) INCOME, NET

Other (expense) income, net consists of the following:

	Three months ended						Nine months ended
	September 30,						September 30,
(in thousands)	2012			2011			2012			2011
Equity loss in affiliate	$	(293	)	$	(355	)	$	(872	)	$	(355	)
Interest expense	(10		)	(20		)	(39		)	(67		)
Interest income	49			5			75			27
Change in fair value of put option	—			70			—			652
Other, net	(13		)	(20		)	(103		)	37
Total	$	(267	)	$	(320	)	$	(939	)	$	294

Equity in loss of affiliate represents our proportional share of the losses in Correspondent One (see Note 7).