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GAIN (LOSS) ON NOTE REPURCHASE
 12 Months Ended
Dec. 31, 2012
GAIN (LOSS) ON NOTE REPURCHASE [Abstract]  
GAIN (LOSS) ON NOTE REPURCHASE
LOSS ON NOTE REPURCHASE

Loss on note repurchase consisted of the following (amounts in thousands):
 
2012
 
2011
 
2010
Loss on note repurchase
$
—

 
$
—

 
$
(14,573
)

 
In June 2010, the Company closed on a tender transaction to purchase $47.4 million of its outstanding 8% senior unsecured notes due January 2012 (senior unsecured notes).  In October 2010, the Company closed on another tender transaction to purchase $138.9 million of its outstanding senior unsecured notes.  In connection with these tender offers and an additional note repurchase of $6.5 million in July 2010, the Company recorded expenses of $14.6 million.  These expenses were related to: (i) early tender premium of $13.0 million, (ii) unamortized deferred financing fees of $1.2 million and (iii) other fees of $0.4 million.