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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
9 Months Ended
Sep. 30, 2015
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, 

 

December 31,

 

    

2015

    

2014

 

 

(In Thousands)

Interest Rate Swaps

 

$

3,651

 

$

3,144

 

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, 

 

 

2015

 

2014

 

Location of Loss

 

2015

 

2014

Cash Flow Hedges

    

Amount of Gain (Loss)
Recognized in OCI

    

Amount of Gain (Loss)
Recognized in OCI

    

Reclassified
from AOCI into
Earnings

    

Amount of Gain (Loss)
Reclassified from
AOCI into Earnings

    

Amount of Gain (Loss)
Reclassified from
AOCI into Earnings

 

 

(In Thousands)

 

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest Rate Swaps

 

$

(877)

 

$

229

 

Interest Expense

 

$

(466)

 

$

(555)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended September 30, 

 

 

 

Nine Months Ended September 30, 

 

 

2015

 

2014

 

Location of Loss

 

2015

 

2014

Cash Flow Hedges

    

Amount of Gain (Loss)
Recognized in OCI

    

Amount of Gain (Loss)
Recognized in OCI

    

Reclassified
from AOCI into
Earnings

    

Amount of Gain (Loss)
Reclassified from
AOCI into Earnings

    

Amount of Gain (Loss)
Reclassified from
AOCI into Earnings

 

 

(In Thousands)

 

 

 

(In Thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest Rate Swaps

 

$

(979)

 

$

(742)

 

Interest Expense

 

$

(1,276)

 

$

(1,644)