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DERIVATIVES (Tables)
 12 Months Ended
Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Derivative Instruments
The following table summarizes the terms and estimated fair values of our interest rate swap derivative instruments at December 31, 2015 and 2014. The notional values provide an indication of the extent of our involvement in these instruments, but do not represent exposure to credit, interest rate or market risks.  
(in millions of dollars)
Notional Value
Fair Value at
December 31, 2015(1)
 
Fair Value at
December 31, 2014(1)
 
Interest
Rate
 
Maturity Date
Interest Rate Swaps
 
 
 
 
 
 
 
$25.0
$
(0.1
)
 
$
(0.2
)
 
1.10
%
 
July 31, 2016
28.1
(0.2
)
 
(0.4
)
 
1.38
%
 
January 2, 2017
33.0
—

 
0.1

 
3.72
%
 
December 1, 2017
7.6
—

 
—

 
1.00
%
 
January 1, 2018
55.0
(0.1
)
 
—

 
1.12
%
 
January 1, 2018
48.0
(0.1
)
 
—

 
1.12
%
 
January 1, 2018
30.0
(0.5
)
 
(0.4
)
 
1.78
%
 
January 2, 2019
20.0
(0.4
)
 
(0.3
)
 
1.78
%
 
January 2, 2019
20.0
(0.3
)
 
(0.3
)
 
1.78
%
 
January 2, 2019
20.0
(0.3
)
 
(0.3
)
 
1.79
%
 
January 2, 2019
20.0
(0.3
)
 
(0.3
)
 
1.79
%
 
January 2, 2019
20.0
(0.3
)
 
(0.3
)
 
1.79
%
 
January 2, 2019
25.0
—

 
N/A

 
1.16
%
 
January 2, 2019
25.0
—

 
N/A

 
1.16
%
 
January 2, 2019
25.0
—

 
N/A

 
1.16
%
 
January 2, 2019
20.0
—

 
N/A

 
1.16
%
 
January 2, 2019
20.0
0.1

 
N/A

 
1.23
%
 
June 26, 2020
20.0
0.2

 
N/A

 
1.23
%
 
June 26, 2020
20.0
0.2

 
N/A

 
1.23
%
 
June 26, 2020
20.0
0.2

 
N/A

 
1.23
%
 
June 26, 2020
20.0
0.2

 
N/A

 
1.24
%
 
June 26, 2020
 
$
(1.7
)
 
$
(2.4
)
 
 
 
 
 
(1) 
As of December 31, 2015 and December 31, 2014, derivative valuations in their entirety are classified in Level 2 of the fair value hierarchy and we do not have any significant recurring fair value measurements related to derivative instruments using significant unobservable inputs (Level 3).
Effect of Our Derivative Financial Instruments on Our Consolidated Statements of Operations
The table below presents the effect of our derivative financial instruments on our consolidated statements of operations for the years ended December 31, 2015, 2014 and 2013: 
 
For the Year Ended December 31,
 
Consolidated
Statements of
Operations Location
 
2015
 
2014
 
2013
 
 
Derivatives in cash flow hedging relationships:
 
 
 
 
 
 
 
Interest rate products
 
 
 
 
 
 
 
(Loss) gain recognized in Other Comprehensive Income (Loss) on derivatives
$
(2.4
)
 
$
(1.9
)
 
$
8.2

 
N/A
Loss reclassified from Accumulated Other Comprehensive Income (Loss) into income (effective portion)
5.0

 
4.3

 
9.9

 
Interest expense
Loss recognized in income on derivatives (ineffective portion and amount excluded from effectiveness testing)
(0.5
)
 
(1.8
)
 
(3.4
)
 
Interest expense