Quarterly report pursuant to Section 13 or 15(d)

Interest Costs

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Interest Costs
6 Months Ended
Jun. 30, 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 June 30,
 
For the Six Months Ended June 30,
 
2014
 
2013
 
2014
 
2013
Interest costs charged to expense
$
67,521

 
$
49,728

 
$
121,613

 
$
95,902

Interest costs capitalized
204

 
8,038

 
410

 
16,008

Total interest costs incurred
$
67,725

 
$
57,766

 
$
122,023

 
$
111,910



Included in interest costs incurred is non-cash interest expense, consisting of amortization related to original issue discounts, premiums and deferred financing fees of $5,548 and $5,490 for the three months ended June 30, 2014 and 2013, respectively, and $10,779 and $10,932 for the six months ended June 30, 2014 and 2013, respectively.