Comfort Inn 2011 Annual Report Download - page 80
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Table of Contents
Deferred revenue consists of the following:
Loyalty programs
$61,604
Initial, relicensing and franchise fees
4,631
Procurement services fees
1,052
Other
35
Total
$67,322
Other non-current liabilities consist of the following at:
Uncertain tax positions
$8,080
Deferred rental expenses
7,158
Deferred revenue
1,046
Termination benefits (see note 26)
770
Other liabilities
220
Total
$ 17,274
Uncertain tax positions have been recorded for potential exposures involving tax positions that could be challenged by taxing authorities.
Debt consists of the following at:
$250 million senior notes with an effective interest rate of 6.19% less discount of $0.6 million at both
December 31, 2011 and 2010
$249,379
$350 million senior unsecured revolving credit facility with an effective interest rate of 0.675% at
December 31, 2010
200
Capital lease obligations due 2016 with an effective interest rate of 3.18% at December 31, 2011 and 2010
2,538
Other notes payable
57
Total debt
$252,174
Less current portion
620
Total long-term debt
$251,554
78