Long-Term Debt (Tables)

9 Months Ended

Sep. 30, 2015

Debt Disclosure [Abstract]

Maturities Of Long-Term Debt

Scheduled maturities of our long-term debt outstanding as of September 30, 2015 are as follows (in thousands):

	Term Loan			Nordea Q5000 Loan			MARAD Debt			2032 Notes (1)			Total
Less than one year	$	30,000		$	35,714		$	5,926		$	—		$	71,640
One to two years	30,000			35,715			6,222			—			71,937
Two to three years	202,500			35,714			6,532			—			244,746
Three to four years	—			35,714			6,858			—			42,572
Four to five years	—			98,214			7,200			—			105,414
Over five years	—			—			56,410			200,000			256,410
Total debt	262,500			241,071			89,148			200,000			792,719
Current maturities	(30,000		)	(35,714		)	(5,926		)	—			(71,640		)
Long-term debt, less current maturities	232,500			205,357			83,222			200,000			721,079
Unamortized debt discount (2)	—			—			—			(16,511		)	(16,511		)
Long-term debt	$	232,500		$	205,357		$	83,222		$	183,489		$	704,568

(1) Beginning in March 2018, the holders of our Convertible Senior Notes due 2032 may require us to repurchase these notes or we may at our option elect to repurchase these notes. The notes will mature in March 2032.

(2) Our Convertible Senior Notes due 2032 will increase to their face amount through accretion of non-cash interest charges through March 2018.

Deferred Financing Costs

The following table reflects the components of our deferred financing costs (in thousands): 

	September 30, 2015							December 31, 2014
	Gross Carrying Amount		Accumulated Amortization			Net		Gross Carrying Amount		Accumulated Amortization			Net
Term Loan (matures June 2018)	$	3,638	$	(1,637	)	$	2,001	$	3,638	$	(1,091	)	$	2,547
Revolving Credit Facility (matures June 2018)	14,787		(6,137		)	8,650		13,275		(3,982		)	9,293
2032 Notes (mature March 2032)	3,759		(2,224		)	1,535		3,759		(1,763		)	1,996
MARAD Debt (matures February 2027)	12,200		(6,589		)	5,611		12,200		(6,223		)	5,977
Nordea Q5000 Loan (matures April 2020)	3,685		(300		)	3,385		3,586		—			3,586
Total deferred financing costs	$	38,069	$	(16,887	)	$	21,182	$	36,458	$	(13,059	)	$	23,399

Net Interest Expense

The following table details the components of our net interest expense (in thousands): 

	Three Months Ended September 30,						Nine Months Ended September 30,
	2015			2014			2015			2014
Interest expense	$	10,897		$	8,952		$	29,057		$	24,474
Interest income	(470		)	(2,741		)	(1,577		)	(4,113		)
Capitalized interest	(1,714		)	(2,355		)	(9,462		)	(7,505		)
Net interest expense	$	8,713		$	3,856		$	18,018		$	12,856