XML 39 R87.htm IDEA: XBRL DOCUMENT v2.4.0.8
Hedging - Hedge Portfolio (Details)
12 Months Ended 12 Months Ended
Dec. 31, 2013
Bunker fuel forward contracts
USD ($)
Dec. 31, 2013
Derivatives designated as hedging instruments
Settlement Period - 2014
Average rate forward contract
USD ($)
Dec. 31, 2013
Derivatives designated as hedging instruments
Settlement Period - 2014
Average rate forward contract
EUR (€)
Dec. 31, 2013
Derivatives designated as hedging instruments
Settlement Period - 2014
Bunker fuel forward contracts
Mg
Dec. 31, 2013
Derivatives designated as hedging instruments
Settlement Period - 2015
Bunker fuel forward contracts
Mg
Dec. 31, 2013
Derivatives designated as hedging instruments
Purchased
Settlement Period - 2014
Euro put options
USD ($)
Dec. 31, 2013
Derivatives designated as hedging instruments
Purchased
Settlement Period - 2014
Euro put options
EUR (€)
Dec. 31, 2013
Derivatives designated as hedging instruments
Purchased
Settlement Period - 2015
Euro put options
USD ($)
Dec. 31, 2013
Derivatives designated as hedging instruments
Purchased
Settlement Period - 2015
Euro put options
EUR (€)
Dec. 31, 2013
Derivatives designated as hedging instruments
Sold
Settlement Period - 2014
Euro call options
USD ($)
Dec. 31, 2013
Derivatives designated as hedging instruments
Sold
Settlement Period - 2014
Euro call options
EUR (€)
Dec. 31, 2013
Derivatives designated as hedging instruments
Sold
Settlement Period - 2015
Euro call options
USD ($)
Dec. 31, 2013
Derivatives designated as hedging instruments
Sold
Settlement Period - 2015
Euro call options
EUR (€)
Dec. 31, 2013
Derivatives not designated as hedging instruments
30 day euro forward contract
Dec. 31, 2013
Derivatives not designated as hedging instruments
Settlement Period - January 2014
30 day euro forward contract
USD ($)
Dec. 31, 2013
Derivatives not designated as hedging instruments
Settlement Period - January 2014
30 day euro forward contract
EUR (€)
Derivative [Line Items]                                
Maximum Length of Time Hedged in Price Risk Cash Flow Hedge 3 years                              
Unrealized net losses on bunker fuel hedging portfolio that would be reclassified to net income, if realized, during next 12 months $ 1,000,000                              
Term of contract                           30 days    
Notional Amount     € 94,000,000       € 133,000,000   € 50,000,000   € 133,000,000   € 50,000,000     € 52,000,000
Notional Amount - 3.5% Rotterdam Barge/Singapore 180 fuel derivatives (in mt)       90,504 [1] 59,800                      
Contract Average Rate/Price   1.34       1.32   1.35   1.39   1.39     1.38  
Contract Average Rate/Price - 3.5% Rotterdam Barge/Singapore 180 fuel derivatives (in usd per mt)       581 [1] 556                      
[1] As described in the paragraph above, new cash flow hedge relationships were established for certain bunker fuel forward contracts in 2011. These changes result in hedge rates for accounting purposes that are different from those in the hedge contract terms.