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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
12 Months Ended
Dec. 31, 2018
Derivative [Line Items]  
Schedule of Interest Rate Derivatives [Table Text Block]
As of December 31, 2018 and 2017, the Company had the following outstanding interest rate derivatives that are designated as cash flow hedges of interest rate risk:
Interest Rate Derivative
 
Notional Amount as of December 31, 2018
 
Notional Amount as of December 31, 2017
 
 
(In thousands)
Interest Rate Swap
 
 
$80,000
Interest Rate Swap
 
$75,000
 
$75,000
Interest Rate Swap
 
$75,000
 
$75,000
Interest Rate Swap
 
$65,000
 
$65,000
Interest Rate Swap
 
$60,000
 
$60,000
Interest Rate Swap
 
$40,000
 
$40,000
Interest Rate Swap
 
$15,000
 
$15,000
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the Consolidated Balance Sheets as of December 31, 2018 and 2017. See Note 18 for additional information on the fair value of the Company's interest rate swaps.
 
Derivatives
As of December 31, 2018
 
Derivatives
As of December 31, 2017
 
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
 
(In thousands)
Derivatives designated as cash flow hedges:
 
 
 
 
 
 
 
    Interest rate swap assets
Other assets
 
$
6,701

 
Other assets
 
$
6,034

    Interest rate swap liabilities
Other liabilities
 

 
Other liabilities
 
695

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
The table below presents the effect of the Company's derivative financial instruments on the Consolidated Statements of Income and Comprehensive Income for the years ended December 31, 2018, 2017 and 2016:
 
Years Ended December 31,
 
2018
 
2017
 
2016
 
(In thousands)
DERIVATIVES IN CASH FLOW HEDGING RELATIONSHIPS
 
 
 
 
 
Interest Rate Swaps:
 
 
 
 
 
Amount of income (loss) recognized in Other comprehensive income (loss) on derivatives                                                                                            
$
2,757

 
1,437

 
1,410

Amount of (income) loss reclassified from Accumulated other comprehensive income (loss) into Interest expense                                                                                      
(1,404
)
 
1,916

 
4,041