Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 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 December 31, 2012 and 2011 based on quoted market prices on that date, as well as the carrying value of our long-term debt at December 31, 2012 and 2011, which includes (1) unamortized fair value adjustments in connection with the Company’s adoption of fresh start accounting on the Fresh Start Reporting Date of $36.7 million and $63.2 million at December 31, 2012 and 2011, respectively, (2) during the year ended December 31, 2012, the issuance of an additional $7.4 million and $10.5 million of Dex One Senior Subordinated Notes as a result of the Company's election to make paid-in-kind ("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 during the year ended December 31, 2012. See Note 1, “Business and Basis of Presentation - Significant Financing Developments” for additional information on the Debt Repurchases.



	December 31, 2012				December 31, 2011
	Fair Market Value		Carrying Value		Fair Market Value		Carrying Value
RHDI Amended and Restated Credit Facility	$	528,461	$	776,007	$	333,892	$	947,211
Dex Media East Amended and Restated Credit Facility	360,005		515,767		294,026		651,582
Dex Media West Amended and Restated Credit Facility	368,885		498,156		339,418		611,564
Dex One Senior Subordinated Notes	73,053		219,708		66,750		300,000
Total Dex One consolidated	1,330,404		2,009,638		1,034,086		2,510,357
Less current portion	1,330,404		2,009,638		143,132		326,300
Long-term debt	$	—	$	—	$	890,954	$	2,184,057

Schedule of Redemption

The Dex One Senior Subordinated Notes are redeemable at our option at the following prices (as a percentage of face value):



Redemption Year	Price
2013	101.000	%
2014 and thereafter	100.000	%

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 $36.7 million remains unamortized at December 31, 2012, as shown in the following table.



	Carrying Value at December 31, 2012		Unamortized Fair Value Adjustments at December 31, 2012		Outstanding Debt at December 31, 2012 Excluding the Impact of Unamortized Fair Value Adjustments
RHDI Amended and Restated Credit Facility	$	776,007	$	6,493	$	782,500
Dex Media East Amended and Restated Credit Facility	515,767		25,108		540,875
Dex Media West Amended and Restated Credit Facility	498,156		5,076		503,232
Dex One Senior Subordinated Notes	219,708		—		219,708
Total	$	2,009,638	$	36,677	$	2,046,315