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Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
As of December 31, 2013 and 2012, the fair value carrying amount of the Company's interest rate swaps are recorded as follows:
 
 
 
 
Asset / (Liability) Derivatives
 
 
Balance Sheet Caption
 
December 31, 2013
 
December 31, 2012
 
 
 
 
(dollars in thousands)
Derivatives designated as hedging instruments
 
 
 
 
 
 
Interest rate swaps
 
Long-term asset
 
$
2,080

 
$

Interest rate swaps
 
Accrued liabilities
 
(360
)
 
(530
)
Interest rate swaps
 
Other long-term liabilities
 

 
(690
)
Total derivatives designated as hedging instruments
 
 
 
$
1,720

 
$
(1,220
)
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
The following tables summarize the income (loss) recognized in accumulated other comprehensive income ("AOCI"), the amounts reclassified from AOCI into earnings and the amounts recognized directly into earnings as of December 31, 2013 and 2012 and for the years ended December 31, 2013, 2012 and 2011:
 
 
Amount of Income (Loss) Recognized
in AOCI on Derivative
(Effective Portion, net of tax)
 
Location of Loss Reclassified from AOCI into Earnings
(Effective Portion)
 
Amount of Income (Loss) Reclassified from
AOCI into Earnings
 
 
As of December 31,
 
 
Year ended December 31,
 
 
2013
 
2012
 
 
2013
 
2012
 
2011
 
 
(dollars in thousands)
 
 
 
(dollars in thousands)
Derivatives designated as hedging instruments
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$
1,060

 
$
(760
)
 
Interest expense
 
$
2,510

 
$
(250
)
 
$
(360
)
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]
 
 
 
 
Amount of Loss Recognized in Earnings
on Derivatives
 
 
 
 
Year ended December 31,
 
 
Location of Loss Recognized in Earnings on Derivatives
 
2013
 
2012
 
2011
 
 
 
 
(dollars in thousands)
Derivatives not designated as hedging instruments
 
 
 
 
 
 
 
 
Interest rate swaps
 
Interest expense
 
$
(1,480
)
 
$
(80
)
 
$
(10
)
Fair Value Measurements, Recurring and Nonrecurring
Fair value measurements and the fair value hierarchy level for the Company's assets and liabilities measured at fair value on a recurring basis as of December 31, 2013 and 2012 are shown below.
 
Description
 
Frequency
 
Asset / (Liability)
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
 
 
 
 
 
(dollars in thousands)
December 31, 2013
Interest rate swaps
 
Recurring
 
$
1,720

 
$

 
$
1,720

 
$

December 31, 2012
Interest rate swaps
 
Recurring
 
$
(1,220
)
 
$

 
$
(1,220
)
 
$