Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2012

Derivative Instruments and Hedging Activities [Abstract]

Schedule of derivative financial instruments as well as its classification on the consolidated balance sheet

 The table below presents the fair value of the Company's derivative financial instruments as well as its classification on the consolidated balance sheet as of December 31, 2012 and 2011 (in thousands):

	Liability Derivatives
		Fair Value as of
	Balance Sheet	December 31,		December 31,
	Location	2012		2011
Derivatives not designated as hedging instruments:
Interest rate swaps	Accrued liabilities and other	$	239	$	331
	Other liabilities		-		121
Total derivatives not designated as cash flow hedges		$	239	$	452
Derivatives designated as hedging instruments:
Interest rate swaps	Accrued liabilities and other	$	1,613	$	-
	Deferred charges and other assets, net		177		-
Total derivatives designated as hedging instruments		$	1,436	$	-

Schedule of derivative financial instruments designated as cash flow hedges on the consolidated income statements

The table below presents the effect of the Company's derivative financial instruments designated as cash flow hedges on the consolidated income statements for the year ended December 31, 2012 (in thousands):

Year Ended December 31,	Derivative in Cash Flow Hedging Relationships	Amount of Gain or (Loss) Recognized in Other Comprehensive Income on Derivative (Effective Portion)			Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion)	Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Effective Portion)
2012	Interest rate swap	$	(1,436	)	Interest expense	$	481