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LONG-TERM DEBT (Tables)
12 Months Ended
Dec. 31, 2012
Debt Disclosure [Abstract]  
Schedule of long-term debt
The balance of long-term debt is comprised of:
 
December 31,
 
2012
 
2011
 
(In thousands)
7.00% Senior Notes due January 15, 2013 (the "2002 Senior Notes"); interest payable each January 15 and July 15 which commenced July 15, 2003
$
15,844

 
$
15,844

4.75% Senior Notes due December 15, 2022 (the "2012 Senior Notes"); interest payable each June 15 and December 15 commencing June 15, 2013
500,000

 

5% New York City Industrial Development Agency Liberty Bonds due September 1, 2035; interest payable each March 1 and September 1 which commenced March 1, 2006
80,000

 
80,000

Total long-term debt
595,844

 
95,844

Less current maturities
(15,844
)
 

Long-term debt, net of current maturities
$
580,000

 
$
95,844

Schedule of debt instrument redemption
Thereafter, we may redeem the 2012 Senior Notes at the redemption prices set forth below, together with accrued and unpaid interest thereon to the applicable redemption date, if redeemed during the 12-month period beginning on December 15 of the years indicated below:
Year
 
Percentage
2017
 
102.375
%
2018
 
101.583
%
2019
 
100.792
%
2020 and thereafter
 
100.000
%
Schedule of aggregate contractual maturities of long-term debt
Long-term debt maturities are as follows:
Years Ending December 31,
(In thousands)
2013
$
15,844

2022
500,000

2035
80,000

Total
$
595,844