Quarterly report pursuant to Section 13 or 15(d)

Interest Costs

 v2.3.0.11
Interest Costs
6 Months Ended
Jun. 30, 2011
Interest Costs [Abstract]  
Interest Costs
(7) Interest Costs
          We capitalize a portion of the interest on funds borrowed to finance the construction costs of our satellites and related launch vehicles for our FM-6 satellite in 2011 and for our FM-6 and XM-5 satellites in 2010. We also incur interest costs on all of our debt instruments and certain contingent incentive payments due pursuant to our satellite construction agreements. The following is a summary of our interest costs:
                                 
    For the Three Months     For the Six Months  
    Ended June 30,     Ended June 30,  
    2011     2010     2011     2010  
Interest costs charged to expense
  $ 76,196     $ 76,802     $ 154,414     $ 154,670  
Interest costs capitalized
    8,068       16,253       15,318       30,430  
 
                       
Total interest costs incurred
  $ 84,264     $ 93,055     $ 169,732     $ 185,100  
 
                       
          Included in interest costs incurred is non-cash interest expense, consisting of amortization related to original issue discounts, premiums and deferred financing fees, of $9,661 and $11,175 for the three months ended June 30, 2011 and 2010, respectively, and $19,234 and $22,294 for the six months ended June 30, 2011 and 2010, respectively.