OTHER INCOME (EXPENSE), NET

3 Months Ended

Mar. 31, 2013

OTHER INCOME (EXPENSE), NET

OTHER INCOME (EXPENSE), NET

NOTE 15 — OTHER INCOME (EXPENSE), NET

Other income (expense), net consists of the following for the three months ended March 31:

(in thousands)	2013			2012
Equity loss in affiliate	$	(176	)	$	(324	)
Interest expense	(3,212		)	(15		)
Interest income	856			16
Other, net	25			(28		)
Total	$	(2,507	)	$	(351	)

Equity loss in affiliate represents our proportional share of the losses in Correspondent One (see Note 8).