FINANCING ARRANGEMENTS (Tables)

6 Months Ended

Jun. 30, 2012

Debt Disclosure [Abstract]

Summary of the entity's financial arrangements

The following table is a summary of the Company’s financing arrangements (in thousands):

	June 30, 2012		December 31, 2011
Senior secured notes, at 7.625%, due August 15, 2016	$	520,000	$	520,000
Revolving credit facility, due May 31, 2016	—		—
Unamortized notes premium and discount, net	3,481		4,203
Long-term obligations	$	523,481	$	524,203

Schedule of Debt Instrument Redemption Price [Table Text Block]

The Company may redeem some or all of the new notes at any time on or after August 1, 2016 upon not less than 30 nor more than 60 days' notice, at the following redemption prices (expressed as percentages of the principal amount) if redeemed during the twelve-month period commencing on August 1 of the year set forth below, plus, in each case, accrued and unpaid interest, if any, to the date of redemption: 

Year	Percentage
2016	102.625	%
2017	101.313	%
2018 and thereafter	100.000	%