Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2012

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments

The following table presents the fair market value of our long-term debt at September 30, 2012 based on quoted market prices on that date, as well as the carrying value of our long-term debt at September 30, 2012, which includes (1) $41.6 million of unamortized fair value adjustments required by GAAP in connection with the Company’s adoption of fresh start accounting on the Fresh Start Reporting Date, (2) the issuance of an additional $7.4 million million and $10.5 million of Dex One Senior Subordinated Notes as a result of the Company's election to make PIK interest payments for the semi-annual interest periods ending September 30, 2012 and March 31, 2012, respectively, and (3) the impact of the Debt Repurchases. See Note 1, “Business and Basis of Presentation - Significant Financing Developments” for additional information on the Debt Repurchases.



	September 30, 2012
	Fair Market Value		Carrying Value
RHDI Amended and Restated Credit Facility	$	472,496	$	775,372
Dex Media East Amended and Restated Credit Facility	323,731		511,828
Dex Media West Amended and Restated Credit Facility	328,892		497,786
Dex One Senior Subordinated Notes	81,292		219,708
Total Dex One consolidated	1,206,411		2,004,694
Less current portion	142,924		226,129
Long-term debt	$	1,063,487	$	1,778,565

Fresh Start Accounting Debt Discount Reconciliation

A total discount of $120.2 million was recorded upon adoption of fresh start accounting associated with our Credit Facilities, of which $41.6 million remains unamortized at September 30, 2012, as shown in the following table.



	Carrying Value at September 30, 2012		Unamortized Fair Value Adjustments at September 30, 2012		Outstanding Debt at September 30, 2012 Excluding the Impact of Unamortized Fair Value Adjustments
RHDI Amended and Restated Credit Facility	$	775,372	$	7,127	$	782,499
Dex Media East Amended and Restated Credit Facility	511,828		29,048		540,876
Dex Media West Amended and Restated Credit Facility	497,786		5,446		503,232
Dex One Senior Subordinated Notes	219,708		—		219,708
Total	$	2,004,694	$	41,621	$	2,046,315