DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING (Tables)

3 Months Ended

Mar. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of derivative financial instruments

Information about our derivative financial instruments at March 31, 2016 and December 31, 2015 is as follows (dollars in thousands):

	March 31, 2016						December 31, 2015
	Number of Instruments	Notional Amount		Fair Value			Number of Instruments	Notional Amount		Fair Value
Interest rate swaps (liability)	1	$	75,000	$	(2,443	)	1	$	75,000	$	(1,811	)
	1	$	75,000	$	(2,443	)	1	$	75,000	$	(1,811	)

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

The table below details the presentation in the financial statements of the gain or loss recognized on derivative financial instruments designated as cash flow hedges (in thousands):

	For the Three Months Ended March 31,
	2016			2015
Loss recognized in accumulated other comprehensive income on derivative financial instruments (effective portion)	$	(938	)	$	(1,186	)
Loss reclassified from accumulated other comprehensive income to interest expense (effective portion)	$	(306	)	$	(425	)
Loss recognized in Other Expense (ineffective portion)	$	—		$	(1	)