Annual report pursuant to Section 13 and 15(d)

Long-Term Debt (Tables)

v2.4.0.8
Long-Term Debt (Tables)
12 Months Ended
Dec. 31, 2013
Text Block [Abstract]  
Summary of Company's Current Debt Portfolio
The following table illustrates the Company’s current debt portfolio as of December 31, 2013 and December 31, 2012:
 
December 31,
 
2013
 
2012
 
(Dollars in Thousands)
7.50% Senior Notes, due August 2020
$
225,000

 
$

9.125% Senior Notes, due April 2018
428,781

 
429,205

Term Note - Effective interest rate of 3.21 percent at December 31, 2012

 
50,000

Total debt
653,781

 
479,205

Less current portion
25,000

 
10,000

Total long-term debt
$
628,781

 
$
469,205