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Fair Value Measurements and Interest Rate Swaps (Tables)
6 Months Ended
Jun. 30, 2014
Derivative [Line Items]  
Estimated fair value of swap contracts
The table below presents the estimated fair value of our interest rate swap contracts and our forward-starting interest rate swap contracts (in thousands):

 
 
Fair Value at
 
 
June 30,
Level 2
 
2014
 
2013
Unrealized Gains on Interest Rate Swaps
 
$
19

 
$

Unrealized Losses on Interest Rate Swaps
 
$
(2,086
)
 
$
(1,431
)

Interest Rate Swap Agreements[Member]
 
Derivative [Line Items]  
Schedule of Interest Rate Derivatives
The following table provides additional details related to each of these swap contracts:
Derivative
 
Effective Date
 
Notional
Amount
(in millions)
 
Fixed
Interest
Rate
Interest rate swap 1
 
November 21, 2011
 
$25.0
 
1.185%
Interest rate swap 2
 
November 21, 2011
 
$25.0
 
1.185%
Interest rate swap 3
 
December 21, 2011
 
$50.0
 
1.100%
Interest rate swap 4
 
January 17, 2012
 
$25.0
 
1.050%
Interest rate swap 5
 
January 19, 2012
 
$25.0
 
0.990%


Forward-Starting Interest Rate Swap Agreements[Member]
 
Derivative [Line Items]  
Schedule of Interest Rate Derivatives
The following table provides additional details related to each of these new swap contracts:
Derivative
 
Inception Date
 
Notional
Amount
(in millions)
 
Fixed
Interest
Rate
Forward-starting interest rate swap 1
 
May 8, 2014
 
$25.0
 
2.520%
Forward-starting interest rate swap 2
 
May 14, 2014
 
$50.0
 
2.450%
Forward-starting interest rate swap 3
 
May 19, 2014
 
$50.0
 
2.339%
Forward-starting interest rate swap 4
 
May 28, 2014
 
$25.0
 
2.256%