DERIVITIVE FINANCIAL INSTRUMENTS AND HEDGING (Tables)

12 Months Ended

Dec. 31, 2013

DERIVITIVE FINANCIAL INSTRUMENTS AND HEDGING

Schedule of derivative financial instruments

Information about our derivative financial instruments at December 31, 2013 and 2012 follows (dollar amounts in thousands):

	December 31, 2013						December 31, 2012
	Number of Instruments	Notional Amount		Fair Value			Number of Instruments	Notional Amount		Fair Value
Interest rate swaps (asset)	3	$	29,273	$	253		—	$	—	$	—
Interest rate swaps (liability)	1	75,000		(1,772		)	4	41,095		(641		)
	4	$	104,273	$	(1,519	)	4	$	41,095	$	(641	)

Schedule of the location in the financial statements of the loss recognized on derivative financial instruments designated as cash flow hedges

The table below details the location in the financial statements of the loss recognized on derivative financial instruments designated as cash flow hedges (in thousands). We had no derivative financial instruments in 2011.

	2013			2012
Gain (loss) recognized in accumulated other comprehensive income on derivative financial instruments (effective portion)	$	(1,240	)	$	(786	)
Gain (loss) reclassified from accumulated other comprehensive income to interest expense (effective portion)	$	(359	)	$	(147	)
Gain (loss) recognized in gain (loss) on derivative financial instruments (ineffective portion)	$	2		$	(2	)