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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
9 Months Ended
Sep. 30, 2013
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Fair Value of the Company's Derivative Financial Instruments Classification on Unaudited Condensed Consolidated Balance Sheet

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the unaudited condensed consolidated balance sheet as of September 30, 2013:

 

     Asset Derivatives
As of September 30, 2013
     Liability Derivatives
As of September 30, 2013
 
     Balance Sheet
Location
   Fair Value      Balance Sheet
Location
   Fair Value  

Derivatives designated as hedging instruments:

           

Interest rate swaps

   Other assets    $ 347       Other liabilities    $ —     
     

 

 

       

 

 

 

Total derivatives designated as hedging instruments

      $ 347          $ —     
     

 

 

       

 

 

 
Schedule of Pre-tax Effect of Derivative Financial Instruments on Unaudited Condensed Consolidated Statements of Comprehensive Income (Loss)

The table below presents the pre-tax effect of the Company’s derivative financial instruments on the unaudited condensed consolidated statements of operations and comprehensive income (loss) for the three and nine months ended September 30, 2013:

 

     Three Months
Ended
September 30, 2013
    Nine Months
Ended
September 30, 2013
 

Derivatives in Cash Flow Hedging Relationships:

    

(Loss) gain related to effective portion of derivatives recognized in accumulated other comprehensive income

   $ (1,380   $ 3,338   

Loss related to effective portion of derivatives reclassified from accumulated other comprehensive income to interest expense

   $ (422   $ (1,144

Gain (loss) related to ineffective portion of derivatives recognized in other income (expense)

   $ —        $ —