Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2014

Derivative Instruments and Hedging Activities [Abstract]

Schedule of Derivative Financial Instruments as well as its Classification on the Consolidated Balance Sheet

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

		Fair Value as of
	Balance Sheet Location	December 31, 2014			December 31, 2013
Derivatives designated as hedging instruments:
Interest rate swaps
	Accrued liabilities and other	$	(1,309	)	$	(1,590	)
	Deferred charges and other assets, net		3,180			5,926
Total derivatives designated as hedging instruments		$	1,871		$	4,336

Schedule of Derivative Financial Instruments Designated as Cash Flow Hedges on the Consolidated Income Statements

The table below presents changes in accumulated other comprehensive income by component for the twelve months ended December 31, 2014 (in thousands):

	Gains and (Losses) on Cash Flow Hedges			Income Tax (Expense) Benefit			Accumulated Other Comprehensive Income
Balance as of December 31, 2013	$	4,336		$	(1,742	)	$	2,594
Other comprehensive income (loss) before reclassifications		(4,186	)		1,676			(2,510	)
Amounts reclassified from accumulated other comprehensive income (to interest expense)		1,721			(683	)		1,038
Net current period other comprehensive income (loss)		(2,465	)		993			(1,472	)
Balance as of December 31, 2014	$	1,871		$	(749	)	$	1,122