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Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Derivatives [Table Text Block]
  The following is a summary of the derivative instruments we entered into for the periods presented (in thousands):
 
 
 
As of December 31, 2013
 
December 31, 2013
 
December 31, 2012
 
Derivative
 
Notional
 
Receive
 
Pay or
 
 
Maturity
 
 
 
 
 
 
 
 
 
 
 
 
 
Agreement
 
Amount
 
Rate
 
Strike Rate
 
 
Date
 
Asset
 
Liability
 
Asset
 
Liability
 
Interest rate cap
 
 
100,000
 
1 Month LIBOR
 
 
2.50
%
 
January 2014
 
$
-
 
$
-
 
$
-
 
$
-
 
Interest rate cap
 
 
50,000
 
1 Month LIBOR
 
 
2.50
%
 
January 2014
 
 
-
 
 
-
 
 
-
 
 
-
 
Interest rate cap
 
 
50,000
 
1 Month LIBOR
 
 
2.50
%
 
January 2014
 
 
-
 
 
-
 
 
-
 
 
-
 
Interest rate cap
 
 
18,762
 
1 Month LIBOR
 
 
1.25
%
 
April 2013
 
 
-
 
 
-
 
 
-
 
 
-
 
Interest rate swap
 
 
18,762
 
1 Month LIBOR
 
 
1.39
%
 
April 2013
 
 
-
 
 
-
 
 
-
 
 
(73)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$
-
 
$
-
 
$
-
 
$
(73)
 
Derivative Instruments, Gain (Loss) [Table Text Block]
The table below details the location in the financial statements of the gain or loss recognized on interest rate derivatives designated as cash flow hedges for years ended December 31, 2013 and 2012, respectively (in thousands):
 
 
 
Year Ended
 
 
 
December 31,
 
December 31,
 
 
 
2013
 
2012
 
Amount of gain (loss) recognized in accumulated other comprehensive income on interest rate derivatives (effective portion)
 
$
-
 
$
154
 
Amount of gain (loss) reclassified from accumulated other comprehensive income into income as interest expense (effective portion)
 
$
(58)
 
$
(216)