XML 53 R11.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Debt and Credit Agreements | 6 Months Ended
--- | ---
Jun. 30, 2014
Debt and Credit Agreements |
Debt and Credit Agreements | 4. Debt and Credit Agreements The Company’s debt and credit agreements consisted of the following:
|  | June 30, |  | December 31, |
(In thousands) |  | 2014 |  | 2013 |
Long-Term Debt |  |  |  |  |
7.33% weighted-average fixed rate notes |  | $ | 20,000 |  | $ | 20,000 |
6.51% weighted-average fixed rate notes |  | 425,000 |  | 425,000 |
9.78% notes |  | 67,000 |  | 67,000 |
5.58% weighted-average fixed rate notes |  | 175,000 |  | 175,000 |
Revolving Credit facility |  | 506,000 |  | 460,000 |
|  | $ | 1,193,000 |  | $ | 1,147,000 |
Effective April 15, 2014, the lenders under the Company’s revolving credit facility approved an increase in the Company’s borrowing base from $2.3 billion to $3.1 billion as part of the annual redetermination under the terms of the revolving credit facility agreement. The commitments under the revolving credit facility remain unchanged at $1.4 billion. At June 30, 2014, the Company had $506.0 million of borrowings outstanding under its revolving credit facility at a weighted-average interest rate of 1.9% and $893.0 million available for future borrowings. The Company was in compliance with all restrictive financial covenants for both the revolving credit facility and fixed rate notes as of June 30, 2014.

X
- Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration