Derivatives and Hedging Activities

12 Months Ended

Dec. 31, 2013

Derivatives and Hedging Activities [Abstract]

Derivatives and Hedging Activities

Note 6: Derivatives and Hedging Activities 

To manage our interest rate risk on the Old Term Loan, we had an interest rate swap in 2011.  The interest rate swap agreement was executed to minimize the impact of interest rate changes on our floating-rate debt and was designated and accounted for as a cash flow hedge.  We recorded a charge of $267,000 during the year ended December 31, 2011 as a component of interest expense and other financing costs on the consolidated statement of operations to terminate the interest rate swap.  We have had no interest rate swap agreements in 2013 or 2012.