XML 62 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8
Interest Rate Derivative Agreements (Tables)
9 Months Ended
Sep. 30, 2014
Interest Rate Derivative Agreements [Abstract]  
Schedule of Derivative Instruments [Table Text Block]
The terms of the nine derivative agreements are as follows:
 
 
 Date Purchased
 
 Notional Amount
 
Effective Capped Rate
 
Maturity Date
 
Purchase Price
 
 Counterparty
 
 
 
 
 
 
 
 
 
 
 
 
 
 
September 2, 2010
 
$
31,936,667

 
3.00
%
 
September 1, 2017
 
$
921,000

 
Bank of New York Mellon
 
 
 
 

 
 

 
 
 
 

 
 
 
September 2, 2010
 
$
31,936,667

 
3.00
%
 
September 1, 2017
 
$
845,600

 
Barclays Bank PLC
 
 
 
 

 
 

 
 
 
 

 
 
 
September 2, 2010
 
$
31,936,667

 
3.00
%
 
September 1, 2017
 
$
928,000

 
Royal Bank of Canada
 
 
 
 
 
 
 
 
 
 
 
 
 
August 15, 2013
 
$
93,305,000

 
1.50
%
 
September 1, 2017
 
$
793,000

 
Deutsche Bank
 
 
 
 
 
 
 
 
 
 
 
 
 
February 18, 2014
 
$
41,250,000

 
1.00
%
 
March 1, 2017
 
$
230,500

 
SMBC Capital Markets, Inc
 
 
 
 
 
 
 
 
 
 
 
 
 
February 18, 2014
 
$
28,750,000

 
1.00
%
 
March 1, 2017
 
$
161,000

 
SMBC Capital Markets, Inc
 
 
 
 
 
 
 
 
 
 
 
 
 
July 10, 2014
 
$
31,565,000

 
3.00
%
 
August 15, 2019
 
$
315,200

 
Barclays Bank PLC
 
 
 
 
 
 
 
 
 
 
 
 
 
July 10, 2014
 
$
31,565,000

 
3.00
%
 
August 15, 2019
 
$
343,000

 
Royal Bank of Canada
 
 
 
 
 
 
 
 
 
 
 
 
 
July 10, 2014
 
$
31,565,000

 
3.00
%
 
August 15, 2019
 
$
333,200

 
SMBC Capital Markets, Inc