For the Six Months

Ended June 30,

For the Three Months

Ended June 30,

2021

2020

2021

2020

Change in value of undesignated interest rate swaps

$

(48,700

)

$

1,990,400

$

-

$

82,200

Reclassification from other comprehensive income to interest expense

2,600

389,500

-

238,800

Reclassification from other comprehensive income to interest expense –

forecasted transaction probable not to occur

-

1,167,700

-

Included in interest expense

$

46,100

$

3,547,600

$

-

$

321,000

The following amount was included in other comprehensive income/(loss), before tax:

Loss on derivative instruments deferred into other comprehensive income/(loss)

$

-

$

(575,000

)

$

-

$

-

Reclassification from other comprehensive income to interest expense

2,600

389,500

-

238,800

Reclassification from other comprehensive income to interest expense –

forecasted transaction probable not to occur

-

1,167,700

-

Change in accumulated other comprehensive income

$

2,600

$

982,200

$

-

$

238,800