DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2015

DERIVATIVE FINANCIAL INSTRUMENTS

Schedule of fair value of the Company's derivative financial instruments as well as their classification on the condensed consolidated balance sheets

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the condensed consolidated balance sheets as of March 31, 2015 (in thousands):

		Fair Value
Derivative Instrument	Balance Sheet Location	March 31, 2015			December 31, 2014
Interest Rate Swaps	Accrued liabilities	$	(102	)	$	(2	)
	Total Liabilities	$	(102	)	$	(2	)

Schedule of effect of the Company's derivative financial instruments on the condensed consolidated statement of income and comprehensive income

The effect of the Company’s derivative financial instruments on the condensed consolidated statements of income and comprehensive income is as follows (in thousands):

	Net deferral in OCI of							Net reclassification from AOCI
	derivatives (effective portion)						Statement of	into income (effective portion)
Derivative	For the quarter ended March 31,						earnings	For the quarter ended March 31,
Instruments	2015			2014			classification	2015			2014
Interest Rate Swaps	$	(151	)	$	(68	)	Interest expense	$	(51	)	$	(58	)

	Amount recognized in income
	(ineffective portion and amount
	excluded from effectiveness
Statement of	testing)
earnings	For the quarter ended March 31,
classification	2015		2014
Other (expense)	$	—	$	—