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Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2015
Derivative Instruments  
Schedule of income effects of cash flow hedging relationships

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount of Loss (Gain) Recognized on

 

 

 

 

 

Derivatives in the Statements of Income

 

Derivatives in Cash Flow Hedging

 

Location of Loss (Gain) Recognized on

 

Years Ended December 31,

 

Relationships

    

Derivatives in the Statements of Income

    

2015

    

2014

    

2013

 

 

 

 

 

(in thousands)

 

Interest rate contracts

 

Interest expense

 

$

 —

 

$

(499)

 

$

1,485

 

Total

 

 

 

$

 —

 

$

(499)

 

$

1,485

 

 

Schedule of information about financial statement effects related to cash flow hedges

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount of Gain (Loss) Recognized

 

Location of Loss (Gain)

 

Amount of Loss (Gain) Reclassified

 

 

 

in OCI on Derivatives

 

Reclassified from

 

from Accumulated OCI into Income

 

Derivatives in

 

(Effective Portion)

 

Accumulated OCI into

 

(Effective Portion)

 

Cash Flow Hedging

 

Years Ended December 31,

 

Income

 

Years Ended December 31,

 

Relationships

    

2015

    

2014

    

2013

    

(Effective Portion)

    

2015

    

2014

    

2013

 

 

 

(in thousands)

 

 

 

(in thousands)

 

Interest rate contracts*

 

$

 —

 

$

 —

 

$

1,690

 

Interest expense

 

$

 —

 

$

(499)

 

$

1,485

 

Total

 

$

 —

 

$

 —

 

$

1,690

 

Total

 

$

 —

 

$

(499)

 

$

1,485

 

 


* These amounts are shown net of $1.9 million of interest payments reclassified to the income statement during the year ended December 31, 2013.  No interest payments were reclassified to the income statement in 2015 and 2014.