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Derivative Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2017
Derivative Financial Instruments [Abstract]  
Summary Of Derivative Instruments Designated As Hedging Instruments



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

Fair Value

 

 

Notional Amount

Derivative Instrument

 

Effective Date

 

Maturity Date

 

Interest Rate Strike

 

 

June 30, 2017

 

 

December 31, 2016

 

 

June 30, 2017

 

 

December 31, 2016

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest Rate Cap

 

12/1/2014

 

5/1/2021

 

4.0% 

 

$

49 

 

$

204 

 

$

50,000 

 

$

50,000 

Interest Rate Cap

 

9/1/2015

 

4/1/2019

 

4.0% 

 

 

 

 

14 

 

 

50,000 

 

 

50,000 

Interest Rate Cap

 

9/1/2015

 

2/3/2020

 

4.0% 

 

 

 

 

63 

 

 

50,000 

 

 

50,000 

  Total

 

 

 

 

 

 

 

$

57 

 

$

281 

 

$

150,000 

 

$

150,000 



Summary Of The Effect Of The Company's Derivative Financial Instruments On Its Accompanying Consolidated Statements Of Operations



 

 

 

 

 

 

 

 

 

 

 

 

 



 

For the Three Months Ended June 30,

 

For the Six Months Ended June 30,

 



 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Interest rate caps in cash flow hedging relationships:

 

 

 

 

 

 

 

 

 

 

 

 

 

Amount of gain recognized in AOCI on derivatives (effective portion)

 

$

16 

 

$

 -

 

$

34 

 

$

 -

 

Amount of gain reclassified from AOCI into interest expense (effective portion)

 

$

16 

 

$

 -

 

$

34 

 

$

 -