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Derivative Instruments And Hedging Activities (Tables)
9 Months Ended
Sep. 30, 2015
General Discussion Of Derivative Instruments And Hedging Activities [Abstract]  
Schedule Of Notional Values And Fair Values Of Derivative Instruments

The following table provides the notional values and fair values of our derivative instruments as of September 30, 2015 and December 31, 2014 (in thousands):

 

 

 

September 30, 2015

 

 

 

 

 

 

 

Asset Derivatives

 

 

Liability Derivatives

 

 

 

Notional Value

 

 

Balance Sheet

Location

 

Positive

Fair Value

 

 

Balance Sheet

Location

 

Negative

Fair Value

 

Derivatives designated as hedging

   instruments under Topic 815:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flow interest rate contracts

 

$

186,835

 

 

Other assets

 

$

 

 

Accounts

payable and

accrued expenses

 

$

(4,652

)

 

 

 

December 31, 2014

 

 

 

 

 

 

 

Asset Derivatives

 

 

Liability Derivatives

 

 

 

Notional Value

 

 

Balance Sheet

Location

 

Positive

Fair Value

 

 

Balance Sheet

Location

 

Negative

Fair Value

 

Derivatives designated as hedging

   instruments under Topic 815:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash flow interest rate contracts

 

$

272,967

 

 

Other assets

 

$

 

 

Accounts

payable and

accrued expenses

 

$

(5,641

)

 

Schedule Of Derivative Instruments In Consolidated Statements Of Operations

The following table shows the effect of our company’s derivative instruments in the consolidated statements of operations for the three and nine months ended September 30, 2015 and 2014 (in thousands):

 

 

 

Three Months Ended September 30, 2015

 

 

 

Gain/(Loss)

Recognized in

OCI

(Effectiveness)

 

 

Location of

Loss

Reclassified

From OCI

Into Income

 

Loss

Reclassified

From OCI

Into Income

 

 

Location of

Loss

Recognized in

OCI

(Ineffectiveness)

 

Loss

Recognized

Due to

Ineffectiveness

 

Cash flow interest rate contracts

 

$

(1,418

)

 

Interest expense

 

$

853

 

 

None

 

$

 

 

 

 

Three Months Ended September 30, 2014

 

 

 

Gain/(Loss)

Recognized in

OCI

(Effectiveness)

 

 

Location of

Loss

Reclassified

From OCI

Into Income

 

Loss

Reclassified

From OCI

Into  Income

 

 

Location  of

Loss

Recognized in

OCI

(Ineffectiveness)

 

Loss

Recognized

Due to

Ineffectiveness

 

Cash flow interest rate contracts

 

$

340

 

 

Interest expense

 

$

1,461

 

 

None

 

$

 

 

 

 

Nine Months Ended September 30, 2015

 

 

 

Gain/(Loss)

Recognized in

OCI

(Effectiveness)

 

 

Location of

Loss

Reclassified

From OCI

Into Income

 

Loss

Reclassified

From OCI

Into Income

 

 

Location of

Loss

Recognized in

OCI

(Ineffectiveness)

 

Loss

Recognized

Due to

Ineffectiveness

 

Cash flow interest rate contracts

 

$

(2,816

)

 

Interest expense

 

$

3,060

 

 

None

 

$

 

 

 

 

Nine Months Ended September 30, 2014

 

 

 

Gain/(Loss)

Recognized in

OCI

(Effectiveness)

 

 

Location of

Loss

Reclassified

From OCI

Into Income

 

Loss

Reclassified

From OCI

Into Income

 

 

Location of

Loss

Recognized in

OCI

(Ineffectiveness)

 

Loss

Recognized

Due to

Ineffectiveness

 

Cash flow interest rate contracts

 

$

(1,318

)

 

Interest expense

 

$

4,728

 

 

None

 

$