Annual report pursuant to Section 13 and 15(d)

Derivative Instruments and Hedging Activities (Tables)

v3.3.1.900
Derivative Instruments and Hedging Activities (Tables)
 12 Months Ended
Dec. 31, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule Derivative Fair Value
At December 31, 2015 and 2014, the following table presents information about the fair value amounts of the Company’s derivative instruments: 
 
Derivatives as of December 31,
 
2015
 
2014
 
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
Derivatives Designated as Hedging Instruments:
 
 
 

 
 
 
 

Interest rate swap contracts
Other liabilities
 
$
4,681

 
Other liabilities
 
$
4,430

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) for the Year Ended December 31,
 
 
 
2015
 
2014
 
2013
Derivatives Designated as Hedging Instruments:
 
 
 
 
 
 
 
Interest rate swap contracts
Other expenses, net
 
$
(368
)
 
$
(1,418
)
 
$
(1,193
)
Derivatives Not Designated as Hedging Instruments:
 
 
 
 
 
 
 
Interest rate swap contracts
Other expenses, net
 
$
—

 
$
—

 
$
(266
)
Schedule of Derivative Instruments Effect on Comprehensive Income (Loss)
 
Twelve Months Ended December 31, 2015
 
Loss Recognized in Accumulated Other Comprehensive Loss
 
Interest Expense Reclassified from Accumulated Other Comprehensive Loss into Other Expenses, Net
Derivatives Designated as Hedging Instruments:
 
 
 
Interest rate swap contracts
$
230

 
$
1,506