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Gain on Claims from Oil Spill
6 Months Ended
Jun. 30, 2012
Gain on Claims from Oil Spill

13. Gain on Claims from Oil Spill

The Company has filed lawsuits and claims seeking the recovery of damages against parties that it believes are responsible for the 2010 Deepwater Horizon oil spill, which the U.S. Coast Guard termed the “largest oil spill in U.S. history” causing “significant environmental damage to the Gulf of Mexico.” The Company received payments of $0.6 million in April 2012 and $1.1 million in May 2012 from the Gulf Coast Claims Facility, and recorded these payments as gains in its consolidated statements of operations. Included in the line item “Other, net” in the consolidated statements of operations for the three and six months ended June 30, 2012 are gains of $1.1 million and $1.7 million, respectively.