Quarterly report pursuant to Section 13 or 15(d)

Interest Costs

v2.4.0.8
Interest Costs
3 Months Ended
Mar. 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 capitalized interest associated with our FM-6 satellite and related launch vehicle through its placement into orbit during the fourth quarter of 2013. 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 Three Months Ended March 31,
 
2014
 
2013
Interest costs charged to expense
$
54,092

 
$
46,174

Interest costs capitalized
206

 
7,970

Total interest costs incurred
$
54,298

 
$
54,144



Included in interest costs incurred is non-cash interest expense, consisting of amortization related to original issue discounts, premiums and deferred financing fees of $5,231 and $5,442 for the three months ended March 31, 2014 and 2013, respectively.