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Derivatives (Tables)
6 Months Ended
Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts and Fair Value of Derivatives
The following table discloses the notional amounts and fair value of derivative instruments in the Company's balance sheet as of June 30, 2018 and December 31, 2017 (in thousands):
 
 
 
 
Notional Amounts
 
Fair Value
 
 
Type of Hedge
 
June 30, 2018
 
December 31, 2017
 
June 30, 2018
 
December 31, 2017
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
 
 
 
Interest rate swaps included in other assets
 
Cash Flow
 
$
27,500

 
$
27,500

 
$
1,477

 
$
1,078

Schedule of Pre-tax Effect of Hedging Derivative Instruments
The following tables present the pre-tax effect of hedging derivative instruments on the Company's consolidated statements of operations:

 
 
Amount of Gain (Loss) Recognized in OCI on Derivative (Effective Portion)
 
Location of Gain Reclassified from Accumulated OCI into Income (Effective Portion)
 
Amount of Gain Reclassified from Accumulated OCI into Income (Effective Portion)
 
 
Three Months Ended June 30,
 
 
Three Months Ended June 30,
 
 
2018
 
2017
 
 
2018
 
2017
Interest rate swaps
 
90

 
(136
)
 
Interest Expense
 
63

 

 
 
Amount of Gain (Loss) Recognized in OCI on Derivative (Effective Portion)
 
Location of Gain Reclassified from Accumulated OCI into Income (Effective Portion)
 
Amount of Gain Reclassified from Accumulated OCI into Income (Effective Portion)
 
 
Six Months Ended June 30,
 
 
Six Months Ended June 30,
 
 
2018
 
2017
 
 
2018
 
2017
Interest rate swaps
 
400

 
(123
)
 
Interest Expense
 
102