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Accumulated Other Comprehensive Loss
6 Months Ended
Jun. 30, 2014
Accumulated Other Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss
7. Accumulated Other Comprehensive Loss
The following tables summarize the changes in accumulated other comprehensive loss by component for the six months ended June 30, 2014 and the reclassifications out of accumulated other comprehensive loss for the three and six months ended June 30, 2014 and 2013:
 
Interest Rate Protection Agreements
 
Foreign Currency Translation Adjustment
 
Total
Balance as of December 31, 2013
$
(3,481
)
 
$
119

 
$
(3,362
)
Other Comprehensive Loss Before Reclassifications
(6,309
)
 
(5
)
 
(6,314
)
Amounts Reclassified from Accumulated Other Comprehensive Loss
2,908

 

 
2,908

Net Current Period Other Comprehensive Loss
(3,401
)
 
(5
)
 
(3,406
)
Balance as of June 30, 2014
$
(6,882
)
 
$
114

 
$
(6,768
)

 
 
Amount Reclassified from Accumulated Other Comprehensive Loss
 
 
Details about Accumulated Other Comprehensive Loss Components
 
Three Months Ended June 30, 2014
 
Three Months Ended June 30, 2013
 
Six Months Ended June 30, 2014
 
Six Months Ended June 30, 2013
 
Affected Line Item in the Consolidated Statements of Operations
Interest Rate Protection Agreements
 
 
 
 
 
 
 
 
 
 
Amortization of Interest Rate Protection Agreements (Previously Settled)
 
$
468

 
$
598

 
$
1,096

 
$
1,183

 
Interest Expense
Settlement Payments to our Counterparties (see Note 11)
 
1,079

 

 
1,812

 

 
Interest Expense
Write-off of Unamortized Settlement Amounts of Interest Rate Protection Agreements
 

 
916

 

 
1,099

 
Loss from Retirement of Debt
 
 
$
1,547

 
1,514

 
$
2,908

 
$
2,282

 
Total

The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in other comprehensive income and is subsequently reclassified to earnings through interest expense over the life of the derivative or over the life of the debt. In the next 12 months, we expect to amortize approximately $523 into net income by increasing interest expense for interest rate protection agreements we settled in previous periods. Additionally, recurring settlement amounts on the Swaps, as defined in Note 11, will also be reclassified to net income.