Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

	March 31,			Quoted Prices		Significant Other Observable Inputs			Significant Other Unobservable Inputs
Description	2014			Level 1		Level 2			Level 3
ASSETS
Current Assets
Derivatives	$	—		$	—	$	—		$	—
	$	—		$	—	$	—		$	—
LIABILITIES
Current Liabilities
Derivatives	$	(2,090	)	$	—	$	(2,090	)	$	—
	$	(2,090	)	$	—	$	(2,090	)	$	—

The following table summarizes the fair value and presentation in our condensed consolidated balance sheets for derivative instruments as of March 31, 2014 and December 31, 2013:

($ amounts in thousands)

	Asset Derivatives					Liability Derivatives
		March 31, 2014		December 31, 2013			March 31, 2014			December 31, 2013
	Balance Sheet Location	Fair Value		Fair Value		Balance Sheet Location	Fair Value			Fair Value
Derivatives designated as hedging instruments under ASC 815
Interest rate cap contracts		$	—	$	—	Accrued expenses and other current liabilities	$	(4,005	)	(4,002		)
Interest rate cap contracts		—		—		Other Assets	1,915			2,813
Total derivatives designated as hedging instruments under ASC 815		$	—	$	—		$	(2,090	)	$	(1,189	)
Total derivatives		$	—	$	—		$	(2,090	)	$	(1,189	)

Offsetting Liabilities

Offsetting of Derivative Liabilities
As of March 31, 2014
											Gross Amounts Not Offset in the Statement of Financial Position
Description		Gross Amounts of Recognized Liabilities			Gross Amounts Offset in the Statement of Financial Position			Net Amounts of Liabilities Presented in the Statement of Financial Position			Financial Instruments		Cash Collateral Pledged		Net Amount
Derivatives by counterparty
	Counterparty 1	$	(2,090	)	$	(1,915	)	$	(4,005	)	$	1,915	$	—	$	(2,090	)
Total		$	(2,090	)	$	(1,915	)	$	(4,005	)	$	1,915	$	—	$	(2,090	)

Offsetting Assets

Offsetting of Derivative Assets
As of March 31, 2014
								Gross Amounts Not Offset in the Statement of Financial Position
Description		Gross Amounts of Recognized Assets		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Assets Presented in the Statement of Financial Position		Financial Instruments			Cash Collateral Pledged		Net Amount
Derivatives by counterparty
	Counterparty 1	$	—	$	1,915	$	1,915	$	(1,915	)	$	—	$	—
Total		$	—	$	1,915	$	1,915	$	(1,915	)	$	—	$	—

Schedule of Accumulated Other Comprehensive Income (Loss)

Other Comprehensive Income (Loss) Rollforward:		Amount ($ thousands)
Beginning Balance Gain/(Loss) (Pre-tax) as of	December 31, 2013	$	(1,189	)
Amount Recognized in Other Comprehensive Income (Loss) on Derivative (Pre-tax)		(1,893		)
Amount Reclassified from Other Comprehensive Income (Loss) into Income (Loss) (Pre-tax)		992
Ending Balance Gain/(Loss) (Pre-tax) as of	March 31, 2014	$	(2,090	)

Derivative Instruments, Gain (Loss)

The Effect of Derivative Instruments on the Statement of Financial Performance
For the Three Months Ended March 31, 2014
Derivatives in ASC 815 Cash Flow Hedging Relationships	Amount of Gain or (Loss) Recognized in Other Comprehensive Income (Loss) on Derivative (Effective Portion)					Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) into Income (Loss) (Effective Portion)	Amount of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income into Income (Loss)  (Effective Portion)					Location of Gain or (Loss) Recognized in Income (Loss) on Derivative (Ineffective Portion )	Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion )
	2014			2013			2014			2013			2014		2013
Interest rate cap contracts	$	(1,893	)	$	—	Interest Expense	$	(992	)	$	—	Interest Expense	$	—	$	—
Total	$	(1,893	)	$	—		$	(992	)	$	—		$	—	$	—