Derivative Instrument and Hedging Activity (Tables)

9 Months Ended

Sep. 30, 2014

Text Block [Abstract]

Interest Rate Swap Governed by Master Netting Arrangement

Our interest rate swap is governed by a master netting arrangement, which is required to be disclosed as a balance sheet offsetting item as follows (in thousands):

As of September 30, 2014

Gross amounts not offset in

the  balance sheet

Gross amounts of

Gross amounts

Net amounts of

Cash

recognized

offset in the

liabilities presented

Financial

collateral

Description

liabilities

balance sheet

in the balance sheet

Instruments

received

Net amount

Interest rate swap

$

456

—

456

456

—

—

As of December 31, 2013

Gross amounts not offset in

the  balance sheet

Gross amounts of

Gross amounts

Net amounts of

Cash

recognized

offset in the

liabilities presented

Financial

collateral

Description

liabilities

balance sheet

in the balance sheet

Instruments

received

Net amount

Interest rate swap

$

602

—

602

602

—

—