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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
9 Months Ended
Sep. 30, 2015
Reclassifications [Member]  
Accumulated Other Comprehensive Income Loss [Line Items]  
Components of Accumulated Other Comprehensive Income (Loss) Included in Stockholders' Equity

The components of AOCI included in stockholders’ equity are as follows:

 

 

September 30, 2015

 

 

December 31, 2014

 

 

(In thousands)

 

Foreign currency translation adjustments

$

(31,531

)

 

$

(15,212

)

Net gain on investments

 

230

 

 

 

241

 

Net loss on derivative financial instruments

 

(72,784

)

 

 

(82,837

)

Accumulated other comprehensive loss

$

(104,085

)

 

$

(97,808

)

 

The following table presents the components of AOCI and the amounts that were reclassified during the period:

 

 

 

Foreign currency gain (loss)

 

 

Unrealized holding loss on investment

 

 

Deferred gain (loss) on derivatives(1)

 

 

TOTAL

 

For the three months ended September 30, 2015

 

(in thousands)

 

Balance, June 30, 2015

 

$

(22,198

)

 

$

257

 

 

$

(72,083

)

 

$

(94,024

)

Other comprehensive (loss) before reclassification

 

 

(9,333

)

 

 

(27

)

 

 

(28,249

)

 

 

(37,609

)

Amounts reclassified from AOCI

 

 

-

 

 

 

-

 

 

 

27,548

(2)

 

 

27,548

 

Net current period other comprehensive loss

 

 

(9,333

)

 

 

(27

)

 

 

(701

)

 

 

(10,061

)

Balance, September 30, 2015

 

$

(31,531

)

 

$

230

 

 

$

(72,784

)

 

$

(104,085

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the nine months ended September 30, 2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, December 31, 2014

 

$

(15,212

)

 

$

241

 

 

$

(82,837

)

 

$

(97,808

)

Other comprehensive (loss) before reclassification

 

 

(14,076

)

 

 

(11

)

 

 

(56,905

)

 

 

(70,992

)

Amounts reclassified from AOCI

 

 

(2,243

)

 

 

-

 

 

 

66,958

(2)

 

 

64,715

 

Net current period other comprehensive income (loss)

 

 

(16,319

)

 

 

(11

)

 

 

10,053

 

 

 

(6,277

)

Balance, September 30, 2015

 

$

(31,531

)

 

$

230

 

 

$

(72,784

)

 

$

(104,085

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency gain (loss)

 

 

Unrealized holding loss on investment

 

 

Deferred gain (loss) on derivatives(1)

 

 

TOTAL

 

For the three months ended September 30, 2014

 

(in thousands)

 

Balance, June 30, 2014

 

$

(3,821

)

 

$

245

 

 

$

(30,090

)

 

$

(33,666

)

Other comprehensive (loss) before reclassification

 

 

(1,455

)

 

 

(7

)

 

 

(39,563

)

 

 

(41,025

)

Amounts reclassified from AOCI

 

 

-

 

 

 

-

 

 

 

6,650

(2)

 

 

6,650

 

Net current period other comprehensive (loss)

 

 

(1,455

)

 

 

(7

)

 

 

(32,913

)

 

 

(34,375

)

Balance, September 30, 2014

 

$

(5,276

)

 

$

238

 

 

$

(63,003

)

 

$

(68,041

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the nine months ended September 30, 2014

 

 

 

Balance, December 31, 2013

 

$

(2,562

)

 

$

238

 

 

$

(45,386

)

 

$

(47,710

)

Other comprehensive (loss) before reclassification

 

 

(2,714

)

 

 

-

 

 

 

(26,764

)

 

 

(29,478

)

Amounts reclassified from AOCI

 

 

-

 

 

 

-

 

 

 

9,147

(2)

 

 

9,147

 

Net current period other comprehensive (loss)

 

 

(2,714

)

 

 

-

 

 

 

(17,617

)

 

 

(20,331

)

Balance, September 30, 2014

 

$

(5,276

)

 

$

238

 

 

$

(63,003

)

 

$

(68,041

)

 

1

Refer to Note 9 for additional details.

2

Reclassified to cost of operations and gain on foreign currency, net.