FAIR VALUE MEASUREMENT FAIR VALUE MEASUREMENT - Policies (Policies)

9 Months Ended

Sep. 30, 2013

Accounting Policies [Abstract]

Fair Value of Financial Instruments, Policy [Policy Text Block]

The Company’s Level 2 instruments primarily include interest rate swap derivatives that are valued using pricing models based on an income approach that discounts future cash flows to a present value amount.  The significant pricing model inputs for interest rate swaps include published rates for U.S. Dollar LIBOR interest rate swaps.  The pricing models also adjust for nonperformance risk associated with the counterparty or Company, as applicable, through the use of credit risk adjusted discount rates based on published default rates.  The Company did not have any Level 3 fair value measurements at September 30, 2013. During the period ended September 30, 2013, no transfers were made between any levels within the fair value hierarchy.