DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of fair value of the Company's derivative financial instruments as well as their classification on the consolidated balance sheets

The tables below present the fair value of the Company's derivative financial instruments as well as their classification on the condensed consolidated balance sheets as of December 31, 2014 and 2013 (in thousands):

Schedule of effect of the Company's derivative financial instruments on the consolidated statement of income and comprehensive income

The effect of the Company's derivative financial instruments on the condensed consolidated statement of income and comprehensive income is as follows (in thousands):

	For the year ended
	December 31, 2014		December 31, 2013
Derivative Instruments	Net deferral in OCI of derivatives (effective portion)		Net deferral in OCI of derivatives (effective portion)
Interest Rate Swaps	$	272	$	—

	For the year ended
	December 31, 2014		December 31, 2013
Statement of earnings classification	Net reclassification from AOCI into income (effective portion)		Net reclassification from AOCI into income (effective portion)
Interest expense	$	229	$	—

Derivative Instrument

Balance Sheet
Classification

December 31, 2014
Fair Value

Interest Rate Swaps

Other Liabilities