Annual report pursuant to Section 13 and 15(d)

Derivative Instruments and Hedging Activities (Tables)

v2.4.1.9
Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule derivative fair value
At December 31, 2014 and 2013, the following table presents information about the fair value amounts of the Company’s derivative instruments: 
 
Derivatives as of December 31,
 
2014
 
2013
 
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
Derivatives Designated as Hedging Instruments:
 
 
 

 
 
 
 

Interest rate swap contracts
Other assets
 
$

 
Other assets
 
$
1,553

Interest rate swap contracts
Other liabilities
 
$
4,430

 
Other liabilities
 
$
4,268

Schedule of derivative effect on consolidated statement of income
The following tables present information about the effects of the Company’s derivative instruments on the consolidated statements of income and consolidated statements of comprehensive income (loss):
 
Location of (Gain) Loss Recognized in Income (Loss)
 
Amount of (Gain) Loss Recognized in Income (Loss) for the Year Ended December 31,
 
 
 
2014
 
2013
 
2012
Derivatives Designated as Hedging Instruments:
 
 
 
 
 
 
 
Interest rate swap contracts
Other expenses, net
 
$
(1,418
)
 
$
(1,193
)
 
$

Derivatives Not Designated as Hedging Instruments:
 
 
 
 
 
 
 
Interest rate swap contracts
Other expenses, net
 
$

 
$
(266
)
 
$
98

Schedule of derivative instruments effect on comprehensive income
 
Twelve Months Ended December 31, 2014
 
Loss Recognized in Accumulated Other Comprehensive (Loss) Income, Net
 
Interest Expense Reclassified from Accumulated Other Comprehensive (Loss) Income, Net into Other Expenses, Net
Derivatives Designated as Hedging Instruments:
 
 
 
Interest rate swap contracts
$
2,217

 
$
1,222