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Derivatives and hedging activities (Tables)
6 Months Ended
Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of notional amounts of outstanding interest rate derivatives that were designated as cash flow hedges
As of June 30, 2015 and December 31, 2014, Belmond had the following outstanding interest rate derivatives stated at their notional amounts in local currency that were designated as cash flow hedges of interest rate risk: 
 
 
June 30,
2015
 
December 31,
2014
 
 
’000
 
’000
 
 
 
 
 
Interest rate swaps
 
74,063

 
74,438

Interest rate swaps
 
$
213,344

 
$
214,206

Interest rate caps
 
$
17,200

 
$
17,200

Schedule of fair value of derivative financial instruments
The table below presents the fair value of Belmond’s derivative financial instruments and their classification as of June 30, 2015 and December 31, 2014
 
 
 
 
Fair value as of June 30, 2015
 
Fair value as of
December 31, 2014
 
 
Balance sheet location
 
$’000
 
$’000
Derivatives designated in a cash flow hedging relationship:
 
 
 
 

 
 

Interest rate derivatives
 
Other assets
 
4

 
13

Interest rate derivatives
 
Accrued liabilities
 
(2,916
)
 
(2,984
)
Interest rate derivatives
 
Other liabilities
 
(1,168
)
 
(618
)
 
 
 
 
 
 
 
Total
 
 
 
(4,080
)
 
(3,589
)