Quarterly report pursuant to Section 13 or 15(d)

DEFERRED FINANCING COSTS

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DEFERRED FINANCING COSTS
 6 Months Ended
Jun. 30, 2012
DEFERRED FINANCING COSTS

NOTE 10. DEFERRED FINANCING COSTS

Deferred financing costs consist of bond issue costs associated with the 95/8% Notes and bank loan fees associated with the Revolver and FCB Loan. The capitalized costs are being amortized over the debt term on a straight-line basis. Deferred financing costs consist of the following:

 

     As of December 31, 2011      As of June 30, 2012  
     (Dollars in thousands)  

Bond issue costs

    $ 4,219       $ 3,511   

Bank loan fees

      1,270         1,176   
  

 

 

     

 

 

  
   $ 5,489       $ 4,687