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Fair Value Measurements and Derivative Instruments Reporting (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Measurements and Derivative Instruments Reporting [Abstract]  
Fair value and basis of valuatin of financial liabilities

 

 

 

 

 

 

 

 

 

 

Amounts in thousands

 

December 31, 2015

 

 

Level 1

 

Level 2

 

Level 3

Interest rate swaps (1)

 

$

 

$

(194)

 

$

 

 

 

 

 

 

 

 

 

 

(1) See “Derivative Instruments Reporting” below for detailed information regarding the Company’s interest rate swaps.

 

Derivative instruments in the consolidated statement of earnings (loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Amounts in thousands

 

 

 

 

 

 

 

 

 

 

 

Derivatives not designated as

 

Income Statement

 

For the year                                                                           ended December 31,

ASC 815 hedges

 

Classification

 

2015

 

2014

 

2013

Interest Rate Swaps

 

Interest Expense

 

$

651 

 

$

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative instruments location and fair value amounts

 

 

 

 

 

 

 

 

 

 

 

 

Amounts in thousands

 

 

 

As of December 31, 2015

Derivatives not designated as                                ASC 815 hedges

 

Balance Sheet Classification

 

Gross Recognized Liabilities

 

Gross Amounts Offset

 

Net Recognized Fair Value Liabilities

Derivative liabilities:

 

 

 

 

 

 

 

 

 

 

 

Interest rate swaps - current

 

Accrued liabilities

 

$

(86)

 

$

 

$

(86)

Interest rate swaps - non-current

 

Taxes payable and other

 

 

(108)

 

 

 

 

(108)

Total derivative liabilities

 

 

 

$

(194)

 

$

 

$

(194)