Annual report pursuant to Section 13 and 15(d)

Interest Costs

v2.4.1.9
Interest Costs
12 Months Ended
Dec. 31, 2014
Interest Costs Disclosure [Abstract]  
Interest Costs
Interest Costs

We capitalized a portion of the interest on funds borrowed as part of the cost of constructing our satellites and related launch vehicles. We primarily capitalized interest associated with our FM-6 satellite and related launch vehicle for the years ended December 31, 2013 and 2012. We also incurred interest costs on our debt instruments and on our satellite incentive agreements. The following is a summary of our interest costs:
 
For the Years Ended December 31,
 
2014
 
2013
 
2012
Interest costs charged to expense
$
269,010

 
$
204,671

 
$
265,321

Interest costs capitalized
480

 
26,445

 
31,982

Total interest costs incurred
$
269,490

 
$
231,116

 
$
297,303



Included in interest costs incurred is non-cash interest expense, consisting of amortization related to original issue discounts, premiums and deferred financing fees, of $21,039, $21,698 and $35,924 for the years ended December 31, 2014, 2013 and 2012, respectively.