Quarterly report pursuant to Section 13 or 15(d)

Interest Costs

v2.4.0.6
Interest Costs
3 Months Ended
Mar. 31, 2012
Interest Costs Disclosure [Abstract]  
Interest Costs
Interest Costs

We capitalized a portion of the interest on funds borrowed to finance the construction costs of our FM-6 satellite and related launch vehicle. We will continue to capitalize the interest until the launch of our FM-6 satellite. We also incur interest costs on all of our debt instruments and on our satellite incentive agreements. The following is a summary of our interest costs:
 
For the Three Months
Ended March 31,
 
2012
  
2011
Interest costs charged to expense
$
76,971

  
$
78,218

Interest costs capitalized
7,954

  
7,250

Total interest costs incurred
$
84,925

  
$
85,468



Included in interest costs incurred is non-cash interest expense, consisting of amortization related to original issue discounts, premiums and deferred financing fees of $10,647 and $9,573 for the three months ended March 31, 2012 and 2011, respectively.