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Derivative Hedging Instruments (Tables)
12 Months Ended
Dec. 31, 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 December 31, 2015.

 

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

Derivative Assets

   $ 35,534         5.31   $ 20         Monthly   

Derivative Liabilities

     (35,534      -5.31     (20      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

   $ —           $ —