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Fair value measurements (Tables)
12 Months Ended
Dec. 31, 2012
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Recorded at Fair Value on Recurring Basis

The fair value of the Company’s financial assets and liabilities on a recurring basis were as follows:

 

(U.S. Dollars, in thousands)

   Balance
December 31,
2012
     Level 1      Level 2      Level 3  

Derivative Financial Instruments (1)

           

Cash Flow Hedges

           

Cross currency hedge

   $ 305       $ —         $ 305       $ —     

 

(U.S. Dollars, in thousands)

   Balance
December 31,
2011
     Level 1      Level 2      Level 3  

Derivative Financial Instruments (1)

           

Cash Flow Hedges

           

Cross currency hedge

   $ 1,011       $ —         $ 1,011       $ —     

 

(1) See Note 10, “Derivative Instruments”.