XML 41 R30.htm IDEA: XBRL DOCUMENT v3.7.0.1
Derivative Financial Instruments and Hedging Activities (Tables)
 3 Months Ended
Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Derivatives
A summary of the Company’s outstanding interest rate swap agreements used to hedge variable rate debt at March 31, 2017 and 2016, respectively is as follows:
໿
 
 
For the three months ended March 31,
(In thousands, except percentages and years)
 
2017
 
2016
Notional amount
 
$
60,000

 
$
40,000

Weighted average pay rate
 
1.26
%

1.36
%
Weighted average receive rate
 
0.97
%

0.63
%
Weighted average maturity in years
 
3.61

 
4.29

Unrealized gain (loss) relating to interest rate swaps
 
$
81

 
$
(520
)