DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2015 (in thousands):

		Fair Value
Derivative Instrument	Balance Sheet Location	June 30, 2015			December 31, 2014
Interest Rate Swaps	Accrued liabilities	$	(61	)	$	(2	)
	Total Liabilities	$	(61	)	$	(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 derivatives (effective portion)
Derivative	For the three months ended June 30,						For the six months ended June 30,
Instruments	2015			2014			2015			2014
Interest Rate Swaps	$	(9	)	$	(148	)	$	(160	)	$	(216	)

Statement of	Net reclassification from AOCI into income (effective portion)
earnings	For the three months ended June 30,					For the six months ended June 30,
classification	2015			2014		2015			2014
Interest expense	$	(50	)	$	58	$	(101	)	$	116

Statement of	Amount recognized in income (ineffective portion and amount excluded from effectiveness testing)
earnings	For the three months ended June 30,				For the six months ended June 30,
classification	2015		2014		2015		2014
Other (expense)	$	—	$	—	$	—	$	—