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Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2017
Fair Value Disclosures [Abstract]  
Effect of Financial Assets and Liabilities Valued on Recurring Basis

The following table summarizes the assets and liabilities measured at fair value on a recurring basis for our interest rate swap derivative financial instrument:

 

            Fair Value Measurements at March 31, 2017  

Description

    March 31,
2017		      Quoted Prices in
Active Markets
for Identical
Assets (Level 1)		      Significant Other
Observable Inputs
(Level 2)		      Significant
Unobservable
Inputs (Level 3)		  

Derivative asset - current

    $ 4      $ —        $ 4      $ —    

Derivative asset - noncurrent

      7        —          7        —    

Derivative liability - current

      (1,485 )       —          (1,485 )       —    

Derivative liability - noncurrent

      (636 )       —          (636 )       —    
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ (2,110 )     $ —        $ (2,110 )     $ —    
  

 

 

     

 

 

     

 

 

     

 

 

  
            Fair Value Measurements at December 31, 2016  

Description

    December 31,
2016		      Quoted Prices in
Active Markets
for Identical
Assets (Level 1)		      Significant Other
Observable Inputs
(Level 2)		      Significant
Unobservable
Inputs (Level 3)		  

Derivative asset - current

    $ 69      $ —        $ 69      $ —    

Derivative asset - noncurrent

      6        —          6        —    

Derivative liability - current

      (1,903 )       —          (1,903 )       —    

Derivative liability - noncurrent

      (1,028 )       —          (1,028 )       —    
  

 

 

     

 

 

     

 

 

     

 

 

  
   $ (2,856 )     $ —        $ (2,856 )     $ —    
  

 

 

     

 

 

     

 

 

     

 

 

  
Effect of Derivatives' Hedging Relationships
    Amount
recognized in Other
Comprehensive Income
(effective portion)		    

Location of gain/(loss)

reclassified from
AOCI into

     Pre-tax amount of gain/(loss)
reclassified from
AOCI in Net Income
(effective portion)		  
    March 31,     December 31,     Net Income (effective     March 31,     December 31,  

Derivatives’ Cash Flow Hedging Relationships

   2017     2016     portion)     2017     2016  

Forward starting interest rate swap contract

   $ —       $ —         Interest Expense     $ —       $ (1,393 ) 
 

 

 

    

 

 

      

 

 

    

 

 

  
  $ —       $ —         $ —       $ (1,393 )