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Debt (Tables) | 12 Months Ended
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Dec. 31, 2012
Debt Disclosure [Abstract] |
Summary of Debt | Debt consisted of the following (in thousands):
|  | 2012 |  | 2011
Senior Credit Facility: |  |  |  |
Term loans |  | 563,625 |  |  | 482,500 |
Discount on term loan |  | (1,195 | ) |  | (1,538 | )
Revolver |  | 235,000 |  |  | 302,000 |
Total Senior Credit Facility |  | $ | 797,430 |  |  | $ | 782,962 |
6.625% Senior Notes: |  |  |  |
Notes Due in 2021 |  | $ | 300,000 |  |  | $ | 300,000 |
7 3/4% Senior Notes: |  |  |  |
Notes Due in 2017 |  | $ | 250,000 |  |  | $ | 250,000 |
Discount on Notes |  | (2,457 | ) |  | (2,859 | )
Swap on Notes |  | 6,212 |  |  | 7,411 |
Total 7 3/4% Senior Notes |  | $ | 253,755 |  |  | $ | 254,552 |
Non-Recourse Debt : |  |  |  |
Non-Recourse Debt |  | $ | 124,947 |  |  | $ | 235,430 |
Premium on Non-Recourse Debt |  | — |  |  | 8,304 |
Discount on Non-Recourse Debt |  | (1,465 | ) |  | (1,936 | )
Total Non-Recourse Debt |  | 123,482 |  |  | 241,798 |
Capital Lease Obligations |  | $ | 12,994 |  |  | $ | 14,135 |
Other debt |  | 512 |  |  | 870 |
Total debt |  | $ | 1,488,173 |  |  | $ | 1,594,317 |
Current portion of capital lease obligations, long-term debt and non-recourse debt |  | (53,882 | ) |  | (53,653 | )
Capital Lease Obligations, long-term portion |  | (11,926 | ) |  | (13,064 | )
Non-Recourse Debt |  | (104,836 | ) |  | (208,532 | )
Long-Term Debt |  | $ | 1,317,529 |  |  | $ | 1,319,068 |
Indebtedness under the revolver and the term loan A and the term loan A -2 bears interest | Indebtedness under the Revolver, the Term Loan A, Term Loan A-2 and Term Loan A-3 bears interest based on the Total Leverage Ratio as of the most recent determination date, as defined, in each of the instances below at the stated rate:
|  | Interest Rate under the Revolver, and Term Loan A, Term Loan A-2 and Term Loan A-3
LIBOR borrowings |  | LIBOR plus 2.00% to 3.00%.
Base rate borrowings |  | Prime Rate plus 1.00% to 2.00%.
Letters of credit |  | 2.00% to 3.00%.
Unused Revolver |  | 0.375% to 0.50%.
Maximum leverage ratios | The Company must not exceed the following Total Leverage Ratios, as computed at the end of each fiscal quarter for the immediately preceding four quarter-period:
Period |  | Total Leverage Ratio — Maximum Ratio
First day of fiscal year 2012 through and including the last day of the Second Quarter of fiscal year 2013 |  | 5.00 to 1.00
First day of the Third Quarter of fiscal year 2013 through and including the last day of fiscal year 2013 |  | 4.75 to 1.00
Thereafter |  | 4.25 to 1.00
Maximum senior secured leverage ratios | The Senior Credit Facility also does not permit the Company to exceed the following Senior Secured Leverage Ratios, as computed at the end of each fiscal quarter for the immediately preceding four quarter-period:
Period |  | Senior Secured Leverage Ratio — Maximum Ratio
Through and including the last day of the Second Quarter of fiscal year 2012 |  | 3.25 to 1.00
First day of the Third Quarter of fiscal year 2012 through and including the last day of the Second Quarter of fiscal year 2013 |  | 3.00 to 1.00
Thereafter |  | 2.75 to 1.00
Redemption of 6.625% Senior Notes |
Year | Percentage
2016 | 103.3125 | %
2017 | 102.2083 | %
2018 | 101.1042 | %
2019 and thereafter | 100.0000 | %
Redemption of 73/4% Senior Notes |
Year | Percentage
2013 | 103.875 | %
2014 | 101.938 | %
2015 and thereafter | 100.000 | %
Debt repayment schedules under capital lease obligations, long-term debt and non-recourse debt | Debt repayment schedules under Capital Lease Obligations, Long-Term Debt, Non-Recourse Debt and the Senior Credit Facility are as follows:
Fiscal Year | Capital Leases |  | Long-Term Debt |  | Non- Recourse Debt |  | Revolver |  | Term Loans |  | Total Annual Repayment
| (In thousands)
2013 | $ | 2,094 |  |  | $ | 294 |  |  | $ | 18,646 |  |  | $ | — |  |  | $ | 33,875 |  |  | $ | 54,909 |
2014 | 1,952 |  |  | 183 |  |  | 24,473 |  |  | — |  |  | 73,250 |  |  | 99,858 |
2015 | 1,932 |  |  | 21 |  |  | 20,043 |  |  | 235,000 |  |  | 314,000 |  |  | 570,996 |
2016 | 1,935 |  |  | 4 |  |  | 21,316 |  |  | — |  |  | 142,500 |  |  | 165,755 |
2017 | 1,934 |  |  | 250,004 |  |  | 10,489 |  |  | — |  |  | — |  |  | 262,427 |
2018 | 1,936 |  |  | 4 |  |  | 6,970 |  |  | — |  |  | — |  |  | 8,910 |
Thereafter | 7,037 |  |  | 300,002 |  |  | 23,010 |  |  | — |  |  | — |  |  | 330,049 |
| $ | 18,820 |  |  | $ | 550,512 |  |  | $ | 124,947 |  |  | $ | 235,000 |  |  | $ | 563,625 |  |  | $ | 1,492,904 |
Interest imputed on Capital Leases | (5,826 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | (5,826 | )
Original issuer’s discount | — |  |  | (2,457 | ) |  | (1,465 | ) |  | — |  |  | (1,195 | ) |  | (5,117 | )
Interest rate swap | — |  |  | 6,212 |  |  | — |  |  | — |  |  | — |  |  | 6,212 |
Current portion | (1,068 | ) |  | (293 | ) |  | (18,646 | ) |  | — |  |  | (33,875 | ) |  | (53,882 | )
Non-current portion | $ | 11,926 |  |  | $ | 553,974 |  |  | $ | 104,836 |  |  | $ | 235,000 |  |  | $ | 528,555 |  |  | $ | 1,434,291 |

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