Quarterly report pursuant to Section 13 or 15(d)

Derivative Instruments and Hedging Activities (Tables)

v3.3.0.814
Derivative Instruments and Hedging Activities (Tables)
 9 Months Ended
Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value Amounts of Liability Derivative
Information about the fair value amounts of the Company’s derivative instruments is as follows:
 
Derivatives as of
 
September 30, 2015
 
December 31, 2014
 
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
Derivatives Designated as Hedging Instruments:
 
 
 
 
 
 
 
Interest rate swap contracts
Other liabilities
 
$
5,825

 
Other liabilities
 
$
4,430

Effect of Derivative Instruments on the Condensed Consolidated Statements of Comprehensive Income
The following table presents 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
 
Amount of Gain Recognized in Net Income
 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
 
2015
 
2014
 
2015
 
2014
Derivatives Designated as Hedging Instruments:
 
 
 
 
 
 
 
 
 
Interest rate swap contracts
Other expenses, net
 
$
(93
)
 
$
(69
)
 
$
(277
)
 
$
(1,266
)
 
Nine Months Ended September 30, 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
$
1,672

 
$
1,153