DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

3 Months Ended

Mar. 31, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Key Terms of Interest Rate Swap Contract

The following table sets forth the key terms of our interest rate swap contracts:

Number of Interest Rate Swaps(1)(2)	Total Notional Amount		Fixed Rates	Floating Rate Index	Effective Date	Expiration Date
	(in thousands)
3	$	170,000	1.562% - 1.565%	One-Month LIBOR	11/2/2015	5/8/2020

(1) See Note 13 for our fair value disclosures.

(2) Our interest rate swaps are not subject to master netting arrangements.

Changes in the Balance of Each Component of AOCI Related to Interest Rate Swaps

The changes in the balance of each component of AOCI related to our interest rate swaps designated as cash flow hedges are as follows:

	Three Months Ended March 31,
	2018			2017
	(in thousands)
Accumulated other comprehensive income (loss), at beginning of period	$	1,631		$	(509	)
Other comprehensive income before reclassifications	1,199			794
Amounts reclassified (to) from accumulated other comprehensive income (loss) (1)	(16		)	758
Net current period other comprehensive income	1,183			1,552
Accumulated other comprehensive income, at end of period	$	2,814		$	1,043

(1) The amounts from AOCI are reclassified as an increase to interest expense in the statements of operations.