Interest Costs
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3 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2013
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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 vehicle. We are currently capitalizing the interest associated with our FM-6 satellite and will continue to do so until its launch. 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:
Included in interest costs incurred is non-cash interest expense, consisting of amortization related to original issue discounts, premiums and deferred financing fees of $5,442 and $10,647 for the three months ended March 31, 2013 and 2012, respectively.
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- Details
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- Definition
Description of interest costs incurred. No definition available.
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