Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2015

Schedule of carrying amounts and fair values of long-term debt (excluding capital obligations and equipment financing agreement)

The carrying amounts and fair values of the Company's long-term debt (excluding capital lease obligations, equipment financing agreements, and debt discounts and debt issuance costs on the revolver of $1.2 million and $0.2 million, respectively, as of June 30, 2015 and $1.5 million and $0.3 million, respectively, as of December 31, 2014) are presented below (in thousands):



	June 30, 2015				December 31, 2014
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
2011 term loan B (1)	$	955,263	$	523,325	$	951,583	$	755,936
9.50% senior secured notes (2)	$	951,131	$	533,500	$	949,537	$	759,025
11.00%/12.00% senior secured PIK toggle notes (3)	$	353,560	$	19,828	$	342,631	$	113,750
9.875% senior notes (4)	$	379,243	$	10,670	$	378,664	$	77,600
8.50% senior notes (5)	$	377,257	$	9,582	$	442,481	$	85,500

_______________________________________________________________________________


(1)	Net of debt discount and debt issuance costs of $10.2 million and $12.7 million, respectively, as of June 30, 2015 and $11.9 million and $14.7 million, respectively, as of December 31, 2014.


(2)	Net of debt discount and debt issuance costs of $2.6 million and $16.3 million, respectively, as of June 30, 2015 and $2.7 million and $17.8 million, respectively, as of December 31, 2014.


(3)	Net of debt issuance costs of $6.9 million and $7.4 million as of June 30, 2015 and December 31, 2014, respectively.


(4)	Net of debt discount and debt issuance costs of $2.1 million and $6.7 million, respectively, as of June 30, 2015 and $2.2 million and $7.1 million, respectively, as of December 31, 2014.


(5)	Net of debt issuance costs of $6.0 million and $7.5 million as of June 30, 2015 and December 31, 2014, respectively.