Quarterly report pursuant to Section 13 or 15(d)

Derivative Instruments and Hedging Activities (Tables)

v3.10.0.1
Derivative Instruments and Hedging Activities (Tables)
 6 Months Ended
Jun. 30, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Instruments
At June 30, 2018 and December 31, 2017, the following table presents information about the fair value amounts of the Company’s derivative instruments is as follows:
 
Derivatives as of
 
June 30, 2018
 
December 31, 2017
 
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
Derivatives Designated as Hedging Instruments:
 
 
 
 
 
 
 
Interest rate swap contracts
Other assets
 
$
1,251

 
Other assets
 
$
233

Interest rate swap contracts
Other liabilities
 
$
2,162

 
Other liabilities
 
$
3,529

Derivatives Not Designated as Hedging Instruments:
 
 
 
 
 
 
 
Interest rate swap contracts
Other assets
 
$
47

 
Other assets
 
$
—

Interest rate swap contracts
Other liabilities
 
$
252

 
Other liabilities
 
$
—

Commodity swap contracts
Other assets
 
$
21

 
Other assets
 
$
—

Commodity swap contracts
Other liabilities
 
$
66

 
Other liabilities
 
$
—

Schedule of Derivative Effect on Consolidated Statement of Income (Loss)
The following tables present information about the effects of the Company’s derivative instruments on the consolidated statements of income (loss) and consolidated statements of comprehensive income (loss):
 
Location of Gain Recognized in Net Income (Loss)
 
Amount of Gain Recognized in Net Income (Loss)
 
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
 
 
2018
 
2017
 
2018
 
2017
Derivatives Designated as Hedging Instruments:
 
 
 
 
 
 
 
 
 
Interest rate swap contracts
Other expenses, net
 
$
(31
)
 
$
(55
)
 
$
(133
)
 
$
(178
)
Derivatives not Designated as Hedging Instruments:
 
 
 
 
 
 
 
 
 
Interest rate swap contracts
Other expenses, net
 
$
(61
)
 
$
—

 
$
(73
)
 
$
—

Commodity swap contracts
Other expenses, net
 
$
45

 
$
—

 
$
45

 
$
—

Schedule of Derivative Instruments Effect on Comprehensive Income (Loss)
 
Six Months Ended
 
June 30, 2018
Derivatives Designated as Hedging Instruments:
 
     Accumulated loss in AOCI at the beginning of the period
$
(1,745
)
            Unrealized gain recognized in AOCI
1,689

            Gain reclassified from AOCI to other expenses, net
(125
)
     Accumulated loss in AOCI at the end of the period
$
(181
)