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Long-Term Debt
3 Months Ended
Mar. 31, 2013
Long-Term Debt [Abstract]  
Long-Term Debt
6.   Long-Term Debt

Long-term debt consists of a surplus note with carrying values of $19.9 million and $20.2 million as of March 31, 2013 and December 31, 2012, respectively, and any amounts drawn upon an unsecured line of credit.

On March 29, 2013, UIH entered into a revolving loan agreement and related revolving note (“DB loan”) with Deutsche Bank Trust Company Americas (“Deutsche Bank”). The DB loan makes available to UIH an unsecured line of credit in an aggregate amount not to exceed $10.0 million. Loans made under the DB loan have a maturity date of March 27, 2015 and carry an interest rate of LIBOR plus a margin of 5.50% or Deutsche Bank’s prime rate plus a margin of 3.50%. The interest rate is at the election of UIH. The DB loan contains financial covenants. As of March 31, 2013, UIH was in compliance with all such covenants. UIH had not drawn any amounts under the unsecured line of credit as of March 31, 2013.