Debt	6 Months Ended
Jun. 30, 2011
Debt
Debt	NOTE 7. DEBT On November 3, 2010, we entered into a $100,000,000 unsecured credit facility with Regions Bank as agent and Pinnacle National Bank as a participating bank. A total of $50,000,000 can be drawn on a revolving basis with a maturity of three years (November 3, 2013) with interest at a margin of 250 basis points over LIBOR (2.81% at June 30, 2011). There is an accordion feature in the credit facility that could increase the total credit facility to $200,000,000. The credit facility contains financial covenants related to our leverage ratio, fixed charge ratio, unencumbered asset ratio and tangible net worth ratio, all of which we were in compliance with at June 30, 2011. On January 31, 2011, $50,000,000 was drawn on a term loan, whose proceeds were used to repay the revolving line, to mature in five years with interest at a fixed rate of 3.98% based on an interest rate swap agreement. The term loan provides for quarterly principal payments of $625,000. The interest rate swap agreement was entered into to limit the Company's interest rate risk exposure related to the term loan. At June 30, 2011, the term loan had an outstanding balance of $48,750,000 and the credit facility had an unused balance of $50,000,000. The change in the fair value of our interest rate swap agreement is presented as a component of interest expense in our Condensed Consolidated Statements of Income. During the three months ended June 30, 2011, the fair value of the swap agreement decreased $988,000 and was charged to interest expense. For the six months ended June 30, 2011, we recognized $1,037,000 in interest expense based on the terms of our credit agreement, $77,000 in amortization of loan costs related to this credit facility, offset by an increase in the fair value of the interest rate swap agreement of $266,000.

NOTE 7. DEBT

On November 3, 2010, we entered into a $100,000,000 unsecured credit facility with Regions Bank as agent and Pinnacle National Bank as a participating bank. A total of $50,000,000 can be drawn on a revolving basis with a maturity of three years (November 3, 2013) with interest at a margin of 250 basis points over LIBOR (2.81% at June 30, 2011). There is an accordion feature in the credit facility that could increase the total credit facility to $200,000,000. The credit facility contains financial covenants related to our leverage ratio, fixed charge ratio, unencumbered asset ratio and tangible net worth ratio, all of which we were in compliance with at June 30, 2011. On January 31, 2011, $50,000,000 was drawn on a term loan, whose proceeds were used to repay the revolving line, to mature in five years with interest at a fixed rate of 3.98% based on an interest rate swap agreement. The term loan provides for quarterly principal payments of $625,000. The interest rate swap agreement was entered into to limit the Company's interest rate risk exposure related to the term loan. At June 30, 2011, the term loan had an outstanding balance of $48,750,000 and the credit facility had an unused balance of $50,000,000.

The change in the fair value of our interest rate swap agreement is presented as a component of interest expense in our Condensed Consolidated Statements of Income. During the three months ended June 30, 2011, the fair value of the swap agreement decreased $988,000 and was charged to interest expense. For the six months ended June 30, 2011, we recognized $1,037,000 in interest expense based on the terms of our credit agreement, $77,000 in amortization of loan costs related to this credit facility, offset by an increase in the fair value of the interest rate swap agreement of $266,000.