10. Debt

The Company is party to borrowing arrangements with a syndicate of banks. See Note 8 in the Company’s 2010 Form 10-K for a complete description of these arrangements. Total borrowing capacity for the Company under all lines of credit is currently at $1.1 billion. At June 30, 2011, the Company had a total of $880.0 million available for borrowing under its lines of credit.

On February 26, 2010, the Company entered into an Amended and Restated Note Purchase Agreement for its Senior Guaranteed Notes. The Amended and Restated Note Purchase Agreement changed the maturity of the $92 million Series A note, which was originally due March 2011, into Series A — $17 million due March 2011; Series A-1 — $25 million due March 2012; Series A-2 — $25 million due March 2013; and Series A-3 — $25 million due March 2014. The Series A note was paid off during the first quarter of 2011.

The Company’s long-term debt at June 30, 2011, December 31, 2010 and June 30, 2010 consisted of the following:


	June 30,		December 31,		June 30,
	2011		2010		2010

Current maturities of long-term debt — nonrecourse	$	2,827	$	2,841	$	3,076
Current maturities of long-term debt — recourse		42,605		21,683		20,910

		45,432		24,524		23,986

Long-term debt, less current maturities — nonrecourse		11,690		13,150		14,579
Long-term debt, less current maturities — recourse		248,955		263,675		267,161

	$	260,645	$	276,825	$	281,740