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Long-Term Debt (Tables) | 12 Months Ended
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Dec. 31, 2013
Long-Term Debt [Abstract] |
Schedule Of Debt |
|  | 2013 |  | 2012 |
Term Loans (mature July 2015) | $ | - | $ | 367,181 |
Revolving Credit Facility (matures July 2015) |  | - |  | 100,000 |
Term Loan (matures June 2018) |  | 292,500 |  | - |
2025 Notes (mature December 2025) |  | - |  | 3,487 |
2032 Notes (mature March 2032) |  | 200,000 |  | 200,000 |
Senior Unsecured Notes (mature January 2016) |  | - |  | 274,960 |
MARAD Debt (matures February 2027) |  | 100,168 |  | 105,288 |
Unamoritized debt discount |  | (26,516) |  | (31,688) |
Total debt |  | 566,152 |  | 1,019,228 |
Less current maturities |  | (20,376) |  | (16,607) |
Long-term debt | $ | 545,776 | $ | 1,002,621 |
Schedule Of Redemption Price By Maturity |
Year |  | Redemption Price
2013 |  | 102.375%
2014 and thereafter |  | 100.000%
Schedule of Deferred Financing Costs |
|  | December 31, 2013 |  | December 31, 2012 |
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net |
Term Loans (mature July 2015) (1) | $ | - | $ | - | $ | - | $ | 15,318 | $ | (11,595) | $ | 3,723 |
Revolving Credit Facility (matures July 2015) (1) |  | - |  | - |  | - |  | 20,021 |  | (12,466) |  | 7,555 |
Term Loan (matures June 2018) (2) |  | 3,638 |  | (364) |  | 3,274 |  | - |  | - |  | - |
Revolving Credit Facility (matures June 2018) (2) |  | 13,275 |  | (1,327) |  | 11,948 |  | - |  | - |  | - |
2025 Notes (mature December 2025) |  | - |  | - |  | - |  | 8,189 |  | (8,189) |  | - |
2032 Notes (mature March 2032) |  | 3,759 |  | (1,148) |  | 2,611 |  | 4,251 |  | (534) |  | 3,717 |
Senior Unsecured Notes (mature January 2016) (3) |  | - |  | - |  | - |  | 10,643 |  | (8,252) |  | 2,391 |
MARAD Debt (matures February 2027) |  | 12,200 |  | (5,736) |  | 6,464 |  | 12,200 |  | (5,248) |  | 6,952 |
Total deferred financing costs | $ | 32,872 | $ | (8,575) | $ | 24,297 | $ | 70,622 | $ | (46,284) | $ | 24,338 |
(1) Relates to the term loans and revolving credit facility under our former credit agreement, which was terminated in June 2013. (2) Relates to amounts allocated to the existing Term Loan and Revolving Credit Facility, which became effective in June 2013. (3) In July 2013, we redeemed our remaining Senior Unsecured Notes. In connection with this redemption, we recorded a charge of $2.1 million to accelerate the remaining deferred financing costs associated with the original issuance of this debt.
Schedule of Maturities Of Long-Term Debt |
|  | Term Loan (1) |  | MARAD Debt |  | 2032 Notes (2) |  | Total |
Less than one year | $ | 15,000 | $ | 5,376 | $ | - | $ | 20,376 |
One to two years |  | 22,500 |  | 5,644 |  | - |  | 28,144 |
Two to three years |  | 30,000 |  | 5,926 |  | - |  | 35,926 |
Three to four years |  | 30,000 |  | 6,222 |  | - |  | 36,222 |
Four to five years |  | 195,000 |  | 6,532 |  | - |  | 201,532 |
Over five years |  | - |  | 70,468 |  | 200,000 |  | 270,468 |
Total debt |  | 292,500 |  | 100,168 |  | 200,000 |  | 592,668 |
Current maturities |  | (15,000) |  | (5,376) |  | - |  | (20,376) |
Long-term debt, less current maturities |  | 277,500 |  | 94,792 |  | 200,000 |  | 572,292 |
Unamortized debt discount (3) |  | - |  | - |  | (26,516) |  | (26,516) |
Long-term debt | $ | 277,500 | $ | 94,792 | $ | 173,484 | $ | 545,776 |
(1) The amount reflects the borrowings made in July 2013 (see Credit Agreement discussion above). (2) Beginning in March 2018, the holders of the 2032 Notes may require us to repurchase these notes or we may at our option elect to repurchase notes. These notes will mature in March 2032. (3) The 2032 Notes will increase to their principal amount through accretion of non-cash interest charges through March 2018.
Schedule of Interest Expense And Capitalized Interest |
|  | Year Ended December 31, |
|  | 2013 |  | 2012 |  | 2011 |
Interest expense (1) | $ | 44,484 | $ | 53,601 | $ | 72,824 |
Interest income |  | (1,167) |  | (548) |  | (1,366) |
Capitalized interest |  | (10,419) |  | (4,893) |  | (1,277) |
Net interest expense | $ | 32,898 | $ | 48,160 | $ | 70,181 |
(1) Interest expense of $2.8 million, $28.6 million and $25.8 million for 2013, 2012 and 2011, respectively, was allocated to ERT and is included in discontinued operations. Following the sale of ERT in February 2013, w e ceased allocation of interest expense to ERT, which constitutes a discontinued operation.

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