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Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Company's Derivative Financial Instruments Classification on Consolidated Balance Sheet

Tabular Disclosure of Fair Values of Derivative Instruments on the Balance Sheet

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the consolidated balance sheet as of December 31, 2014 and 2013:

 

     Liability Derivatives
As of December 31, 2014
     Asset Derivatives
As of December 31, 2013
 
     Balance Sheet
Location
   Fair Value      Balance Sheet
Location
   Fair Value  

Derivatives designated as hedging instruments:

           

Interest rate swaps

   Other liabilities    $ 628       Other assets    $ 71   
     

 

 

       

 

 

 

Total derivatives designated as hedging instruments

$ 628    $ 71   
     

 

 

       

 

 

 

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

Tabular Disclosure of the Effect of Derivative Instruments on the Statements of Comprehensive Income

The table below presents the pre-tax effect of the Company’s derivative financial instruments on the accompanying consolidated statements of comprehensive income for the years ended December 31, 2014 and 2013:

 

     2014      2013  

Derivatives in Cash Flow Hedging Relationships:

     

Gain related to effective portion of derivatives recognized in accumulated other comprehensive income (loss)

   $ 1,846       $ 386   

(Loss) gain related to effective portion of derivatives reclassified from accumulated other comprehensive income (loss) to interest expense

   $ (2,626    $ 1,511   

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

   $ —         $ —     
Schedule of Changes in Accumulated Other Comprehensive Income (Loss)

Changes in Accumulated Other Comprehensive Income (Loss)

The following table reflects the changes in accumulated other comprehensive income (loss) for the year ended December 31, 2014, net of tax:

 

     Gains (Losses)
on Cash Flow
Hedges
 

Accumulated other comprehensive income (loss):

  

Balance at December 31, 2013

   $ 11   

Other comprehensive income before reclassifications

     1,169   

Amounts reclassified from accumulated other comprehensive income (loss) to interest expense

     (1,663
  

 

 

 

Unrealized loss on derivatives, net of tax

  (494
  

 

 

 

Balance at December 31, 2014

$ (483