Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional amounts and fair values of derivatives

The notional amounts and fair values of derivative instruments are shown in the table below:

	As of June 30, 2014						As of December 31, 2013
	Notional		Fair value				Notional		Fair value
(in thousands)	amount		Asset		Liability (1)		amount		Asset		Liability (1)
Undesignated derivatives:
Interest rate swap	$	75,000	$	—	$	785	$	75,000	$	—	$	723

⁽¹⁾ Balance recorded as other liabilities in Condensed Consolidated Balance Sheet

Effective portion of the unrealized gain and loss on the derivative

For the period ended June 30, 2014, approximately $0.2 million was amortized into earnings from accumulated other comprehensive loss and is included in the table below as amounts reclassified from accumulated OCL, gain/(loss).

	Three Months Ended   June 30,			Six Months Ended   June 30,
(in thousands)	2014		2013	2014		2013
Effective portion recognized in accumulated OCL, gain/(loss)	—		817	—		745
Amounts reclassified from accumulated OCL, gain/(loss)	96		167	192		333
Gain/(loss) on derivative	(111	)	—	(62	)	—