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Long Term Debt | 12 Months Ended
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Dec. 31, 2013
Long Term Debt [Abstract] |
Long Term Debt | The Company currently has debt pursuant to various credit facilities and other borrowings. The Company's book value for both the individual and consolidated debt included in the table below approximates fair value. The estimated fair value of the Company's debt is based on interest rates available for debt with similar terms and remaining maturities. The Company has classified these instruments as Level 2 in the fair value hierarchy. The following tables summarize the Company's long-term debt arrangements as of December 31, 2013:
Facility or Arrangement(1) |  | Original Principal Amount |  | Balance as of December 31, 2012 |  | Balance as of December 31, 2013(1) |  | Interest Rate |  | Repayment terms
Multi-currency uncommitted shelf facility: |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. dollar denominated: |  |  | $40.0 million |  |  | $22.9 million |  |  | $17.1 million |  | 6.2% |  | Notes due July 2016 with annual principal payments that began in July 2010.
|  |  | $20.0 million |  |  | $14.3 million |  |  | $11.4 million |  | 6.2% |  | Notes due January 2017 with annual principal payments that began in January 2011.
Japanese yen denominated: |  |  | 3.1 billion yen |  |  | 0.9 billion yen ($10.2 million as of December 31, 2012) |  |  | 0.4 billion yen ($4.1 million as of December 31, 2013) |  | 1.7% |  | Notes due April 2014 with annual principal payments that began in April 2008.
|  |  | 2.3 billion yen |  |  | 1.6 billion yen ($18.7 million as of December 31, 2012) |  |  | 1.3 billion yen ($12.3 million as of December 31, 2013) |  | 2.6% |  | Notes due September 2017 with annual principal payments that began in September 2011.
|  |  | 2.2 billion yen |  |  | 1.6 billion yen ($17.9 million as of December 31, 2012) |  |  | 1.2 billion yen ($11.8 million as of December 31, 2013) |  | 3.3% |  | Notes due January 2017 with annual principal payments that began in January 2011.
|  |  | 8.0 billion yen |  |  | 8.0 billion yen ($92.0 million as of December 31, 2012) |  |  | 8.0 billion yen ($75.8 million as of December 31, 2013) |  | 1.7% |  | Notes due May 2022 with annual principal payments that begin in May 2016.
Committed loan: |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. dollar denominated: |  |  | $30.0 million |  |  | $18.0 million |  |  | $0 |  | N/A |  | N/A
Revolving credit facilities |  |  |  |  |  |  |  |  |  |  |  |  |
2010 |  |  | $35.0 million |  |  | N/A |  |  | $35.0 million |  | Variable 30 day: 0.670% |  | Revolving line of credit
2013(2) |  |  | $14.0 million |  |  | N/A |  |  | $14.0 million |  | Variable 30 day: 0.5933% |  | Revolving line of credit
(1) | The current portion of the Company's long-term debt (i.e. becoming due in the next 12 months) includes $10.2 million of the balance of its Japanese yen-denominated debt under the multi-currency uncommitted shelf facility, $8.6 million of the balance on its U.S. dollar denominated debt under the multi-currency uncommitted shelf facility and $49.0 million of the Company's revolving loans.
(2) | On September 5, 2013, the Company entered into a loan agreement with Bank of America, N.A. for a 364 day revolving line of credit with a commitment amount of $50.0 million. The interest rate is equal to 1 month LIBOR plus 42.5 basis points.
TABLE OF CONTENTS NU SKIN ENTERPRISES, INC. Notes to Consolidated Financial Statements Interest expense relating to debt totaled $4.8 million, $5.2 million and $3.0 million for the years ended December 31, 2011, 2012 and 2013, respectively. The notes and shelf facility contain other terms and conditions and affirmative and negative financial covenants customary for credit facilities of this type, including a requirement to maintain a minimum cash balance of $65.0 million. As of December 31, 2013, the Company is in compliance with all financial covenants. Maturities of all long-term debt at December 31, 2013, based on the year-end exchange rate, are as follows (U.S. dollars in thousands):
Year Ending December 31, |  |  |
2014 |  | $ | 67,824 |
2015 |  |  | 14,592 |
2016 |  |  | 25,419 |
2017 |  |  | 19,705 |
2018 |  |  | 10,827 |
Thereafter |  |  | 43,309 |
Total |  | $ | 181,676 |
TABLE OF CONTENTS NU SKIN ENTERPRISES, INC. Notes to Consolidated Financial Statements 9. Lease Obligations

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- Definition The entire disclosure for long-term debt. + 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 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 + Details
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