We purchased newsprint and supercalendered paper from the Paper Mills at competitive prices. Such  purchases aggregated approximately $20 million in 2014, $21 million in 2013 and $26 million in 2012. During the fourth quarter of 2014, we recognized an impairment charge of $9.2 million for our investment in  Madison. Our proportionate share of the loss was $4.7 million after adjusting for tax and the allocation of the loss to  the non-controlling interest. We recorded a gain on sale of investments totaling $220.3 million in 2012.  In the first quarter of 2012, we sold 100 of our units in Fenway Sports Group for an aggregate price of $30.0  million (pre-tax gain of $17.8 million) and in the second quarter of 2012, we sold our remaining 210 units for an  aggregate price of $63.0 million (pre-tax gain of $37.8 million). Effective with the first quarter of 2012 sale, given our  reduced ownership level and lack of influence on the operations of Fenway Sports Group, we changed the accounting  for this investment from the equity method to the cost method. Therefore, starting in the first quarter of 2012, we no  longer recognized our proportionate share of the operating results of Fenway Sports Group in joint venture results in  our Consolidated Statements of Operations.  In the fourth quarter of 2012, Indeed.com, a search engine for jobs in which we had an ownership interest, was  sold. We recorded a pre-tax gain of $164.6 million. The pre-tax proceeds from the sale of our interest were  approximately $167 million. In 2012, we recorded non-cash impairment charges of $5.5 million to reduce the carrying value of certain  investments to fair value. The impairment charges were primarily related to our investment in Ongo Inc., a consumer  service for reading and sharing digital news and information from multiple publishers. See Note 8 for additional  information regarding the fair value of these investments. Our current indebtedness included senior notes and the repurchase option related to a sale-leaseback of a portion of  our New York headquarters. Our total debt and capital lease obligations consisted of the following: (1)  Included in GLYPH<147>Accrued expenses and otherGLYPH<148> in our Condensed Consolidated Balance Sheets. See Note 8 for information regarding the fair value of our long-term debt.  (In thousands, except percentages) Coupon Rate December 28, 2014 December 29, 2013 Current portion of long-term debt and capital lease obligations Senior notes due in 2015, net of unamortized debt costs and discount of $7 in 2014 5.0% $ 223,662 $ GLYPH<151> Short-term capital lease obligations (1) GLYPH<151> 21 Total current portion of debt and capital lease obligations 223,662 21 Long-term debt and capital lease obligations Senior notes due 2015, net of unamortized debt costs and discount of $43 in 2013 5.0% GLYPH<151> 244,057 Senior notes due in 2016, net of unamortized debt costs and discount of $1,566 in 2014 and $2,484 in 2013 6.625% 187,604 205,111 Option to repurchase ownership interest in headquarters building in 2019, net of unamortized debt costs and discount of $17,882 in 2014 and $21,741 in 2013 232,118 228,259 Long-term capital lease obligations 6,736 6,715 Total long-term debt and capital lease obligations 426,458 684,142 Total debt and capital lease obligations $ 650,120 $ 684,163 Impairment of Equity Method Investments Cost Method Investments Gain on Sale of Investments Fenway Sports Group Indeed.com Impairment of Cost Method Investments 6.GLYPH<160>Debt Obligations THE NEW YORK TIMES COMPANY – P. 73