Long-term debt consisted of the following:

	September 30,			December 31,
	2012			2011
	(In thousands)
$125 million credit facility bearing interest at floating rates, due February 2016(1)	$	105,900		$	12,000
Mortgage note, bearing interest at 6.24%, due 2014		30,956			31,703
Mortgage note, bearing interest at 6.50%, due 2015		24,078			24,775
Mortgage note, bearing interest at 7.07%, due 2018		8,433			8,552
Oregon Trust Deed Notes, weighted average interest rate of 7.33%, maturing from 2021 through 2026		7,030			7,274
HUD Insured Mortgages, interest rates ranging from 5.66% to 5.85%, due 2032		3,862			3,937
Total debt		180,259			88,241
Less current maturities		(6,401	)		(2,538	)
Total long-term debt	$	173,858		$	85,703

(1) Borrowings under this facility bear interest at a floating rate at ALC's option equal to LIBOR or prime plus a margin. The margin is determined by ALC's consolidated leverage ratio (as defined in the U.S. Bank Credit Facility) and ranges from 137.5 to 250 basis points over prime or 225 to 350 basis points over LIBOR. From February 18, 2011 through May 6, 2011, ALC's prime and LIBOR margins were 175 and 275 basis points, respectively. On May 7, 2011, the prime and LIBOR margins were reduced to 150 and 250 basis points, respectively. On June 15, 2012, the prime and LIBOR margins were increased to 200 and 300 basis points, respectively. Based upon ALC's consolidated leverage ratios at September 30, 2012, prime and LIBOR margins will increase to 250 and 350 basis points, respectively. At September 30, 2012, prime was 3.25% and one month LIBOR was 0.25%.