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Derivative Hedging Instruments (Tables)
6 Months Ended
Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Interest Rate Swap Transactions

The following table summarizes the Company’s interest rate swap positions and the impact of a 1 basis point change in interest rates as of June 30, 2015.

 

            Weighted     Impact of a       
     Notional      Average Rate     1 basis point change      Repricing
     Amount      Received/(Paid)     in interest rates      Frequency

Derivative Assets

   $ 31,601         5.30   $ 19       Monthly

Derivative Liabilities

     (31,601      -5.30     (19    Monthly
  

 

 

      

 

 

    

Net Exposure

   $ —           $ —        
  

 

 

      

 

 

    

The following table summarizes the Company’s interest rate swap positions and the impact of a 1 basis point change in interest rates as of December 31, 2014

 

            Weighted     Impact of a       
     Notional      Average Rate     1 basis point change      Repricing
     Amount      Received/(Paid)     in interest rates      Frequency

Derivative Assets

   $ 29,060         5.47   $ 19       Monthly

Derivative Liabilities

     (29,060      -5.47     (19    Monthly
  

 

 

      

 

 

    

Net Exposure

   $ —           $ —