DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 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

	As of December 31,
(In thousands)	2015		2014
Interest Rate Swaps Liability	$	4,217	$	3,144

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

	Year Ended December 31,					Year Ended December 31,
	2015		2014		Location of Loss	2015		2014
(In thousands) Cash Flow Hedges	Amount of Loss Recognized in OCI		Amount of Loss Recognized in OCI		Reclassified from AOCI into Earnings	Amount of Loss Reclassified from AOCI into Earnings		Amount of Loss Reclassified from AOCI into Earnings
Interest Rate Swaps	$	(1,705)	$	(1,192)	Interest Expense	$	(1,745)	$	(2,195)