Quarterly report pursuant to Section 13 or 15(d)

Interest Costs

v2.4.0.6
Interest Costs
9 Months Ended
Sep. 30, 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 September 30,
 
For the Nine Months Ended September 30,
 
2012
 
2011
 
2012
  
2011
Interest costs charged to expense
$
70,035

 
$
75,316

 
$
219,777

  
$
229,730

Interest costs capitalized
8,005

 
8,906

 
24,087

  
24,224

Total interest costs incurred
$
78,040

 
$
84,222

 
$
243,864

  
$
253,954



Included in interest costs incurred is non-cash interest expense, consisting of amortization related to original issue discounts, premiums and deferred financing fees of $9,755 and $9,977 for the three months ended September 30, 2012 and 2011, respectively, and $30,786 and $29,211 for the nine months ended September 30, 2012 and 2011, respectively.