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Derivative Instruments And Hedging Activities (Tables)
9 Months Ended
Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments [Table Text Block]
September 30, 2014:
Type
 
Purpose
 
Effective Date
 
Maturity Date
 
 Notional
 (in millions)
 
Based on
 
Variable Rate
 
Fixed Rate
 
Spread
 
Effective Fixed Rate
Cap
 
Cap Floating Rate
 
4/1/2012
 
4/1/2015
 
$
152.4

 
3 Month LIBOR
 
0.2310%
 
11.2650%
 
—%
 
N/A
Cap
 
Cap Floating Rate
 
10/3/2011
 
10/3/2016
 
$
10.0

 
3 Month LIBOR
 
0.2310%
 
11.0200%
 
—%
 
N/A
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The following table summarizes the fair value of derivative instruments included in our consolidated balance sheets as of September 30, 2014 and December 31, 2013 (in thousands):

 
Asset Derivatives
 
Liability Derivatives
 
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
Derivatives designated as hedging instruments
 
 
September 30, 2014
 
December 31, 2013
 
 
 
September 30, 2014
 
December 31, 2013
Interest rate swaps and cap agreement
Other assets
 
$

 
$

 
Other liabilities
 
$

 
$
97

Total derivatives designated as hedging instruments
 
 
$

 
$

 
 
 
$

 
$
97

Schedule of Derivative Instruments, Effect on Other Comprehensive Income
The following tables summarize the impact of derivative instruments for the three and nine months ended September 30, 2014 and 2013 as recorded in the consolidated statements of operations (in thousands):

Derivatives in
Cash Flow Hedging
 
Amount of Gain or
(Loss) Recognized in
OCI (Effective Portion)
 
Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
 
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
 
 
Three Months Ended September 30,
 
 
 
Three Months Ended September 30,
 
 
2014
 
2013
 
 
 
2014
 
2013
Interest rate swaps and cap agreement
 
$

 
$
89

 
Interest expense
 
$

 
$

Total
 
$

 
$
89

 
Total
 
$

 
$



15.     Derivative Instruments and Hedging Activities, continued

Derivatives in
Cash Flow Hedging
 
Amount of Gain or
(Loss) Recognized in
OCI (Effective Portion)
 
Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
 
Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
 
 
Nine Months Ended September 30,
 
 
 
Nine Months Ended September 30,
 
 
2014
 
2013
 
 
 
2014
 
2013
Interest rate swaps and cap agreement
 
$
97

 
$
266

 
Interest expense
 
$

 
$

Total
 
$
97

 
$
266

 
Total
 
$

 
$