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Interest rate hedge agreements (Tables)
6 Months Ended
Jun. 30, 2011
Interest rate hedge agreements  
Outstanding interest rate hedge agreements designated as cash flow hedges of interest rate risk

 

 

Transaction
Date

 

Effective
Date

 

Termination
Date

 

Interest
Pay Rate

 

Notional
Amount

 

Effective at
June 30,

2011

 

Fair
Value

 

December 2006

 

December 29, 2006

 

March 31, 2014

 

4.990

%

 

$

50,000

 

$

50,000

 

$

(5,551

)

October 2007

 

October 31, 2007

 

September 30, 2012

 

4.546

 

 

50,000

 

50,000

 

(2,631

)

October 2007

 

October 31, 2007

 

September 30, 2013

 

4.642

 

 

50,000

 

50,000

 

(4,424

)

October 2007

 

July 1, 2008

 

March 31, 2013

 

4.622

 

 

25,000

 

25,000

 

(1,799

)

October 2007

 

July 1, 2008

 

March 31, 2013

 

4.625

 

 

25,000

 

25,000

 

(1,801

)

December 2006

 

November 30, 2009

 

March 31, 2014

 

5.015

 

 

75,000

 

75,000

 

(8,378

)

December 2006

 

November 30, 2009

 

March 31, 2014

 

5.023

 

 

75,000

 

75,000

 

(8,394

)

December 2006

 

December 31, 2010

 

October 31, 2012

 

5.015

 

 

100,000

 

100,000

 

(6,243

)

Total

 

 

 

 

 

 

 

 

 

 

$

450,000

 

$

(39,221

)