Quarterly report pursuant to Section 13 or 15(d)

DEFERRED FINANCING COSTS

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DEFERRED FINANCING COSTS
3 Months Ended
Mar. 31, 2012
DEFERRED FINANCING COSTS

NOTE 9. DEFERRED FINANCING COSTS

Deferred financing costs consist of bond issue costs and bank loan fees associated with the 95/8% Notes and our Revolver. 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 March 31, 2012  
     (Dollars in thousands)  

Bond issue costs

   $ 4,219       $ 4,005   

Bank loan fees

     1,270         1,170   
  

 

 

    

 

 

 
   $ 5,489       $ 5,175