DEBT (Tables)

3 Months Ended

Mar. 31, 2013

Debt Disclosure [Abstract]

Components of debt

The components of debt are as follows:

	March 31, 2013								December 31, 2012
	Principal			Unamortized Premium		Total			Principal			Unamortized Premium (Discount)			Total
	(In Thousands)
Credit facility	$	140,000		$	—	$	140,000		$	65,000		$	—		$	65,000
7% senior subordinated notes due 2013	12			—		12			12			—			12
8½% senior notes due 2014(1)	—			—		—			300,000			(3,277		)	296,723
7¼% senior notes due 2019	1,000,000			351		1,000,351			1,000,000			365			1,000,365
7½% senior notes due 2020	500,000			—		500,000			500,000			—			500,000
Total debt	1,640,012			351		1,640,363			1,865,012			(2,912		)	1,862,100
Less: current portion of long-term debt(2)	(12		)	—		(12		)	(12		)	—			(12		)
Long-term debt	$	1,640,000		$	351	$	1,640,351		$	1,865,000		$	(2,912	)	$	1,862,088

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(1) In March 2013, Forest redeemed the 8½% senior notes due 2014 at 107.11% of par, recognizing a loss of $25.2 million upon redemption.

(2) Due in June 2013.