XML 55 R22.htm IDEA: XBRL DOCUMENT

Subsequent Event	9 Months Ended
Subsequent Event	Sep. 30, 2012
Subsequent Events [Abstract]
Subsequent Event	Note 17 - Subsequent Event On October 15, 2012, we entered into an agreement to sell our two remaining pipelay vessels, the Express and the Caesar and other related equipment to Coastal Trade Limited. The total sales price is $238.3 million, of which we have received a $50 million deposit that is only refundable in limited circumstances. The final sale of these vessels will close and fund in two stages in 2013 following the completion of each vessel’s existing backlog of work. Currently, we anticipate the Express sale will close in February 2013 and we expect the Caesar sale will close in July 2013. In the fourth quarter of 2012, we expect to record an impairment charge of approximately $160 million primarily related to the Caesar.