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Debt and Capital Lease Obligations (Table)
9 Months Ended
Sep. 30, 2013
Debt Disclosure [Abstract]  
Long term debt and capital lease obligations
The current and non-current portions of long-term debt and capital lease obligations as of September 30, 2013 and December 31, 2012 are as follows (in thousands):
 
September 30,
2013
 
December 31,
2012
 
Current
 
Non-Current
 
Current
 
Non-Current
3.25% Convertible Senior Notes due 2028
$

 
$
5,334

 
$
48,081

 
$

7.875% Senior Notes due 2021

 
300,000

 

 

Capital lease obligations
3,868

 
1,038

 
7,902

 
3,460

 
$
3,868

 
$
306,372

 
$
55,983

 
$
3,460

Interest expenses incurred for various debt instruments
Interest expense is made up of the following (in thousands):
 
Three months ended September 30,
 
Nine months ended September 30,
 
2013
2012
 
2013
2012
3.25% Convertible Senior Notes due 2028
$
43

$
395

 
$
423

$
1,186

7.875% Senior Notes due 2021
5,906


 
15,947


Revolving Credit Facility
176

85

 
434

85

Kensington Term Facility (terminated in 2012)

459

 

2,339

Capital lease obligations
89

219

 
355

827

Other debt obligations
18

351

 
287

583

Accretion of Palmarejo gold production royalty obligation
4,023

4,384

 
12,192

15,047

Amortization of debt issuance costs
540

1,331

 
1,604

1,838

Accretion of debt discount

639

 
576

1,879

Capitalized interest
(1,133
)
(512
)
 
(1,494
)
(2,206
)
Total interest expense, net of capitalized interest
$
9,662

$
7,351

 
$
30,324

$
21,578