DERIVATIVES AND HEDGING ACTIVITIES (Tables)

The table below presents the effect of the cash flow hedge accounting on Accumulated Other Comprehensive Income (Loss) as of June 30, 2019 and 2018.

	Three Months Ended June 30,					Six Months Ended June 30,
	2019			2018		2019			2018

Amount of gain (loss) recognized in other comprehensive income	$	(5,745	)	$	745	$	(8,673	)	$	2,826
Amount of gain reclassified from other comprehensive income into interest expense		332			185		688			250

	At June 30, 2019
	Count		Notional Amount		Fair Value Assets		Fair Value Liabilities
Included in other assets/(liabilities):
Loan level interest rate swaps with borrower		2	$	25,500	$	440	$	—
Loan level interest rate swaps with third-party counterparties		2		25,500		—		440

The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the Consolidated Statements of Financial Condition as of the periods indicated.

	At June 30, 2019									At December 31, 2018
	Count		Notional Amount		Fair Value Assets		Fair Value Liabilities			Count		Notional Amount		Fair Value Assets		Fair Value Liabilities
Included in other assets/(liabilities):
Interest rate swaps related to FHLBNY advances		22	$	390,000	$	1,258	$	(8,047	)		14	$	245,000	$	4,669	$	(2,097	)

	At June 30, 2019
	Count		Notional Amount		Fair Value Assets		Fair Value Liabilities
Included in other assets/(liabilities):
Loan level interest rate swaps with borrower		2	$	25,500	$	440	$	—
Loan level interest rate swaps with third-party counterparties		2		25,500		—		440