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Deferred Charges (Tables)

12 Months Ended

Dec. 31, 2012

Deferred Charges

Deferred charges at December 31, 2012 and 2011 include (in thousands):

		2012				2011
Initial franchise fees		$	6,201			$	5,810
Deferred financing costs			9,500				7,581
			15,701				13,391
Less accumulated amortization			6,806				4,467
Total		$	8,895			$	8,924

Amortization Expense

Amortization expense for 2012, 2011 and 2010 was (in thousands):

		2012				2011				2010
Initial franchise fees		$	784			$	834			$	156
Deferred financing costs			2,298				2,193				1,822
		$	3,082			$	3,027			$	1,978

Future Amortization Expense

Future amortization expense is expected to be (in thousands):

2013		$	2,733
2014			1,871
2015			906
2016			703
2017			501
Thereafter			2,181
		$	8,895

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Disclosure of amortization expense for the period.

+ References

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Schedule of Deferred Costs Future Amortization Expense

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Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.17)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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