Note 9 - Accumulated Other Comprehensive Income (Loss)

6 Months Ended

Jun. 30, 2016

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

9 – Accumulated Other Comprehensive Income

(Loss)

The following tables show the components of accumulated other comprehensive loss, net of tax (in thousands):

	Three Months Ended June 30, 2016
	Cash Flow Swaps		Available for Sale Securities			Total
Balance at March 31, 2016	$	−	$	(305	)	$	(305	)
Change in fair value		−		10			10
Income tax deferred		−		−			−
Balance at June 30, 2016	$	−	$	(295	)	$	(295	)

	Three Months Ended June 30, 2015
	Cash Flow Swaps			Available for Sale Securities			Total
Balance at March 31, 2015	$	(71	)	$	(317	)	$	(388	)
Change in fair value		117			19			136
Income tax deferred		(46	)		(7	)		(53	)
Balance at June 30, 2015	$	—		$	(305	)	$	(305	)

	Six Months Ended June 30, 2016
	Cash Flow Swaps		Available for Sale Securities			Total
Balance at December 31, 2015	$	−	$	(305	)	$	(305	)
Change in fair value		−		10			10
Income tax deferred		−		−			−
Balance at June 30, 2016	$	−	$	(295	)	$	(295	)

	Six Months Ended June 30, 2015
	Cash Flow Swaps			Available for Sale Securities			Total
Balance at December 31, 2014	$	(143	)	$	(317	)	$	(460	)
Change in fair value		235			19			254
Income tax deferred		(92	)		(7	)		(99	)
Balance at June 30, 2015	$	—		$	(305	)	$	(305	)

The following table shows the amount of loss reclassified from accumulated other comprehensive loss into earnings (in thousands):

	Three Months Ended					Six Months Ended
	June 30, 2016		June 30, 2015			June 30, 2016		June 30, 2015
Losses on cash flow swaps to:
Interest expense	$	−	$	(26	)	$	−	$	(55	)
Income tax benefit		−		10			−		21
Total reclassifications	$	−	$	(16	)	$	−	$	(34	)