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Interest Rate Swaps (Tables)
12 Months Ended
Dec. 31, 2012
Interest Rate Swaps [Abstract]  
Cash flow hedging instruments

Counterparty

Trade

Date

Effective Date

Termination Date

Notional Amount

December 31, 2012

Fixed

Rate

Floating Rate

1.

Unicredit Bank

March 20, 2012

May 18, 2012

May 18, 2017

$5,100,000

1.48%

3-month USD LIBOR

2.

Credit Suisse AG

April 19, 2012

May 30, 2012

May 30, 2017

$4,787,500

1.20%

3-month USD LIBOR

3.

Credit Suisse AG

June 1,

2012

May 30, 2012

May 30, 2017

$4,787,500

1.0375%

3-month USD LIBOR

4.

Credit Suisse AG

July 4,

2012

August 30, 2012

May 30, 2017

$4,902,400

0.995%

3-month USD LIBOR

5.

Unicredit Bank

July 5,

2012

August 17, 2012

May 18, 2017

$7,650,000

0.98%

3-month USD LIBOR

6.

Credit Suisse AG

July 10, 2012

August 30, 2012

May 30, 2017

$4,902,400

0.935%

3-month USD LIBOR

7.

ABN AMRO

August 8, 2012

October 2, 2012

July 2,

2015

$23,750,000

0.595%

3-month USD LIBOR

8.

ABN AMRO

September 28, 2012

November 6, 2012

May 6,

2017

$11,498,500

0.74%

3-month USD LIBOR

9.

HSH Nordbank

September 28, 2012

November 6, 2012

May 6,

2017

$11,498,500

0.76%

3-month USD LIBOR

 

 

 

 

 

$78,876,800