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Derivative Financial Instruments and Hedging Activities (Tables)
 9 Months Ended
Sep. 30, 2018
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 September 30, 2018 and 2017, respectively is as follows:
໿
 
 
For the three months ended September 30,
 
For the nine months ended September 30,
(In thousands, except percentages and years)
 
2018
 
2017
 
2018
 
2017
Notional amount
 
$
60,000

 
$
60,000

 
$
60,000

 
$
60,000

Weighted average pay rate
 
1.26
%

1.26
%
 
1.26
%
 
1.26
%
Weighted average receive rate
 
2.33
%

1.20
%
 
1.76
%
 
1.04
%
Weighted average maturity in years
 
2.12

 
3.11

 
2.49

 
3.49

Unrealized (loss) gain relating to interest rate swaps
 
$
(7
)
 
$
59

 
$
659

 
$
(182
)