DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

9 Months Ended

Sep. 30, 2014

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

Summary of fair value of the Company's derivative financial instruments which are included in accounts payable and accrued liabilities in the Consolidated Balance Sheet

	September 30, 2014		December 31, 2013
	(In thousands)
Interest Rate Swaps	$	3,195	$	4,164
Total derivatives designated as hedging instruments	$	3,195	$	4,164

Summary of effect of the Company's derivative financial instruments on the Condensed Consolidated Statements of Operations

	Three Months Ended September 30,						Three Months Ended September 30,
	2014		2013			Location of Gain	2014			2013
						(Loss) Reclassified	Amount of Loss			Amount of Gain
Cash Flow Hedges	Amount of Gain Recognized in OCI		Amount of Loss Recognized in OCI			from AOCI into Earnings	Reclassified from AOCI into Earnings			Reclassified from AOCI into Earnings
	(In thousands)						(In thousands)
Interest Rate Swaps	$	229	$	(407	)	Interest Expense	$	(555	)	$	6
	$	229	$	(407	)		$	(555	)	$	6

	Nine Months Ended September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013
						Location of Loss	Amount of Loss			Amount of Loss
Cash Flow Hedges	Amount of Loss Recognized in OCI			Amount of Gain Recognized in OCI		Reclassified from AOCI into Earnings	Reclassified from AOCI into Earnings			Reclassified from AOCI into Earnings
	(In thousands)						(In thousands)
Interest Rate Swaps	$	(742	)	$	1,079	Interest Expense	$	(1,644	)	$	(1,041	)
	$	(742	)	$	1,079		$	(1,644	)	$	(1,041	)