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9 - DEFERRED FINANCING COSTS
The Company has unamortized deferred financing costs of $1,941 and $2,290 at September 30, 2012 and December 31, 2011, respectively, associated with the 2010 Credit Facility. Accumulated amortization of deferred financing costs as of September 30, 2012 and December 31, 2011 was $1,086 and $737, respectively. The Company has incurred deferred financing costs of $3,027 for the existing 2010 Credit Facility as of September 30, 2012 and December 31, 2011, which includes fees incurred in order to negotiate the amendment to the 2010 Credit Facility. Amortization expense of deferred financing costs for the three months ended September 30, 2012 and 2011 was $117 and $117, respectively. Amortization expense of deferred financing costs for the nine months ended September 30, 2012 and 2011 was $350 and $350, respectively. |