Quarterly report pursuant to Section 13 or 15(d)

Interest Costs

v2.4.0.6
Interest Costs
6 Months Ended
Jun. 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 June 30,
 
For the Six Months Ended June 30,
 
2012
 
2011
 
2012
  
2011
Interest costs charged to expense
$
72,770

 
$
76,196

 
$
149,742

  
$
154,414

Interest costs capitalized
8,128

 
8,068

 
16,082

  
15,318

Total interest costs incurred
$
80,898

 
$
84,264

 
$
165,824

  
$
169,732



Included in interest costs incurred is non-cash interest expense, consisting of amortization related to original issue discounts, premiums and deferred financing fees of $10,384 and $9,661 for the three months ended June 30, 2012 and 2011, respectively, and $21,031 and $19,234 for the six months ended June 30, 2012 and 2011, respectively.