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DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING (Tables)
12 Months Ended
Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivative financial instruments
Information about our derivative financial instrument at December 31, 2016 and 2015 is as follows (dollar amounts in thousands):
 
 
 
December 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

 
$
(1,118
)
 
1

 
$
75,000

 
$
(1,811
)
 
 
1

 
$
75,000

 
$
(1,118
)
 
1

 
$
75,000

 
$
(1,811
)
Schedule of location in financial statements of gain or loss recognized on derivative financial instruments designated as cash flow hedges
The table below details the location in the financial statements of the gain or loss recognized on derivative financial instruments designated as cash flow hedges (in thousands):
 
 
 
2016
 
2015
 
2014
Loss recognized in accumulated other comprehensive income on derivative financial instruments (effective portion)
 
$
(497
)
 
$
(1,846
)
 
$
(2,112
)
Loss reclassified from accumulated other comprehensive income to interest expense (effective portion)
 
$
(1,190
)
 
$
(1,927
)
 
$
(1,741
)
Loss recognized in Other Expense (ineffective portion)
 
$

 
$
(1
)
 
$
(1
)