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Valuation and Qualifying Accounts
12 Months Ended
Dec. 31, 2012
Valuation and Qualifying Accounts [Abstract]  
Valuation and Qualifying Accounts

Schedule II - Valuation and Qualifying Accounts

(in thousands)

 

                                 

Description

  Balance at
Beginning of
Period
    Charged to
Costs and
Expenses
    Deductions     Balance at end
of Period
 

Year ended December 31, 2010

                               

Allowances deducted from assets

                               

Deferred tax assets

  $ 63,166     $ 12,767     $ —       $ 75,933  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total allowances deducted from assets

  $ 63,166     $ 12,767     $ —       $ 75,933  
   

 

 

   

 

 

   

 

 

   

 

 

 

Year ended December 31, 2011

                               

Allowances deducted from assets

                               

Deferred tax assets

  $ 75,933     $ 9,030     $ —       $ 84,963  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total allowances deducted from assets

  $ 75,933     $ 9,030     $ —       $ 84,963  
   

 

 

   

 

 

   

 

 

   

 

 

 

Year ended December 31, 2012

                               

Allowances deducted from assets

                               

Deferred tax assets

  $ 84,963     $ 1,570     $ (86,533 )(1)    $ —    
   

 

 

   

 

 

   

 

 

   

 

 

 

Total allowances deducted from assets

  $ 84,963     $ 1,570     $ (86,533   $ —    
   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) During the quarter ended December 31, 2012, the Company determined that it is more likely than not that the majority of its deferred tax assets would be realized in the future and accordingly the Company has released its valuation allowance against its deferred tax assets.