XML 38 R42.htm IDEA: XBRL DOCUMENT v2.4.0.8
Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Notional amounts and fair values of derivatives designated as and not designated as cash flow hedges
The notional amounts and fair values of derivative instruments are shown in the table below:
 
 
December 31, 2013
 
December 31, 2012
 
 
Notional
 
Fair value
 
Notional
 
Fair value
(in thousands)
 
amount
 
Asset
 
Liability (1)
 
amount
 
Asset
 
Liability (1)
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivatives designated as cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
 
   Interest rate swap
 
$

 
$

 
$

 
$
75,000

 
$

 
$
1,619

Derivatives not designated as cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
 
   Interest rate swap
 
$
75,000

 
$

 
$
723

 
$

 
$

 
$

 
 
 
 
 
 
 
 
 
 
 
 
 
(1)  Balance recorded as other liabilities in Consolidated Balance Sheets
 
 
 
 
 
 
Effective portion of the unrealized gain and loss on the derivative
 
 
As of December 31,
(in thousands)
 
2013
 
2012
 
 
 
 
 
Effective portion recognized in accumulated OCL, gain/(loss)
 
(182
)
 
(2,147
)
Reclassified from accumulated OCL, gain/(loss)
 
649

 
528

Gain/(loss) on derivative
 
468