Annual report pursuant to Section 13 and 15(d)

Interest Costs

v2.4.0.8
Interest Costs
12 Months Ended
Dec. 31, 2013
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 during 2011 through its placement into operation in the fourth quarter 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 Years Ended December 31,
 
2013
 
2012
 
2011
Interest costs charged to expense
$
204,671

 
$
265,321

 
$
304,938

Interest costs capitalized
26,445

 
31,982

 
33,522

Total interest costs incurred
$
231,116

 
$
297,303

 
$
338,460



Included in interest costs incurred is non-cash interest expense, consisting of amortization related to original issue discounts, premiums and deferred financing fees of $21,698, $35,924 and $39,515 for the years ended December 31, 2013, 2012 and 2011, respectively.