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Long-term Debt, Lease Obligations and Interest Rate Caps (Tables)
12 Months Ended
Dec. 31, 2012
Long-term Debt, Lease Obligations and Interest Rate Caps [Abstract]  
Obligations
 
December 31,
Obligations (in thousands)
2012
 
2011
Revolving line of credit
$
97,250

 
$

Term loan facility

 
99,250

Facility lease obligation
2,334

 
3,047

Equipment capital leases
5,744

 
2,815

Total
105,328

 
105,112

Current portion of long-term debt and lease obligations
(3,496
)
 
(5,770
)
Non-current portion of long-term debt and lease obligations
$
101,832

 
$
99,342

Interest Rate Caps
As of December 31, 2012, the Company held interest rate caps as follows (amounts in thousands):
 
 
 
 
Notional Amounts
Payment Date
 
Cap Rate
 
August 2010 Caps
 
July 2011 Caps
 
Total
March 29, 2013
 
2.0
%
 
$
66,675

 
$
18,250

 
$
84,925

June 28, 2013
 
2.0
%
 
$

 
$
63,175

 
$
63,175

September 30, 2013
 
2.0
%
 
$

 
$
62,475

 
$
62,475

December 31, 2013
 
2.0
%
 
$

 
$
61,775

 
$
61,775

March 31, 2014
 
2.0
%
 
$

 
$
61,075

 
$
61,075

Equipment capital leases
A summary of future principal obligations under long-term debt and equipment capital lease obligations are as follows (in thousands):
Years Ended December 31,
Long-Term Debt
 
Capital  Lease
Obligations
2013
$
832

 
$
2,664

2014
966

 
2,343

2015
97,786

 
737

Total
$
99,584

 
$
5,744