XML 26 R28.htm IDEA: XBRL DOCUMENT v2.4.0.8
DERIVATIVES (Tables)
3 Months Ended
Mar. 31, 2014
DERIVATIVES  
Schedule summarizing the terms of entity's derivative financial instruments

The following table summarizes the terms of the Company’s 22 derivative financial instruments as of March 31, 2014:

 

Hedge Product

 

Current Notional
Amounts

 

Strike

 

Effective Dates

 

Maturity Dates

 

Swap Agreements

 

$4,749 - $95,739

 

2.79% - 6.32%

 

7/1/2009 - 1/1/2014

 

7/1/2014 - 4/1/2021

 

Schedule of balance sheet classification and fair value of the entity's derivative financial instruments

 

Asset (Liability) Derivatives

 

 

 

March 31, 2014

 

December 31, 2013

 

Derivatives designated as

 

Balance Sheet

 

Fair

 

Balance Sheet

 

Fair

 

hedging instruments:

 

Location

 

Value

 

Location

 

Value

 

Swap Agreements

 

Other assets

 

$

10,281

 

Other assets

 

$

13,630

 

Swap Agreements

 

Other liabilities

 

$

(3,083

)

Other liabilities

 

$

(3,684

)

Interest payments recognized as an increase or decrease in interest expense

 

 

 

Classification of

 

For the Three Months Ended March 31,

 

Type

 

Income (Expense)

 

2014

 

2013

 

Swap Agreements

 

Interest expense

 

$

(2,293

)

$

(2,153

)

Schedule of information relating to the gain (loss) recognized on the swap agreements

 

 

 

Gain (loss)

 

Location of amounts

 

Gain (loss) reclassified
from OCI

 

 

 

recognized in OCI

 

reclassified from OCI

 

For the Three Months

 

Type

 

March 31, 2014

 

into income

 

Ended March 31, 2014

 

Swap Agreements

 

$

(5,040

)

Interest expense

 

$

(2,293

)

 

 

 

Gain (loss)

 

Location of amounts

 

Gain (loss) reclassified
from OCI

 

 

 

recognized in OCI

 

reclassified from OCI

 

For the Three Months

 

Type

 

March 31, 2013

 

into income

 

Ended March 31, 2013

 

Swap Agreements

 

$

(582

)

Interest expense

 

$

(2,153

)