Long-Term Debt (Tables)

6 Months Ended

Jun. 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 June 30, 2012 based on quoted market prices on that date, as well as the carrying value of our long-term debt at June 30, 2012, which includes (1) $47.4 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 $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 period ending March 31, 2012 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.



	June 30, 2012
	Fair Market Value		Carrying Value
RHDI Amended and Restated Credit Facility	$	347,456	$	793,169
Dex Media East Amended and Restated Credit Facility	278,308		536,684
Dex Media West Amended and Restated Credit Facility	320,101		526,672
Dex One Senior Subordinated Notes	50,947		212,278
Total Dex One consolidated	996,812		2,068,803
Less current portion	121,252		233,583
Long-term debt	$	875,560	$	1,835,220

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 $47.4 million remains unamortized at June 30, 2012, as shown in the following table.



	Carrying Value at June 30, 2012		Unamortized Fair Value Adjustments at June 30, 2012		Outstanding Debt at June 30, 2012 Excluding the Impact of Unamortized Fair Value Adjustments
RHDI Amended and Restated Credit Facility	$	793,169	$	7,902	$	801,071
Dex Media East Amended and Restated Credit Facility	536,684		33,310		569,994
Dex Media West Amended and Restated Credit Facility	526,672		6,224		532,896
Dex One Senior Subordinated Notes	212,278		—		212,278
Total	$	2,068,803	$	47,436	$	2,116,239