FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2016

FINANCIAL INSTRUMENTS AND FAIR VALUE MEASUREMENTS [Abstract]

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]

	Accumulated Other Comprehensive Loss
BALANCE December 31, 2015	$	(1,420	)
Loss on interest rate swaps	(5,447		)
Reclassified to interest expense	2,416
BALANCE December 31, 2016	$	(4,451	)

Information relating to financial instruments is as follows:

Trade Date	Number of Contracts	Description	Aggregate Notional Amount		Maturity Date	Objective	Fair Value as at December 31, 2016
April 5, 2016	5	Interest rate swap	€	468,800	February 21, 2021	Interest rate hedge underlying 2021 Euro Term Loan	$	(1,711	)
April 5, 2016	4	Interest rate swap	€	250,800	November 1, 2018	Interest rate hedge underlying 2018 Euro Term Loan, forward starting on November 1, 2017	$	(284	)
November 10, 2015	3	Interest rate swap	€	235,335	November 1, 2019	Interest rate hedge underlying 2019 Euro Term Loan	$	(1,658	)
November 14, 2014	2	Interest rate swap	€	250,800	November 1, 2017	Interest rate hedge underlying 2018 Euro Term Loan	$	(477	)

Schedule of Changes in Fair Value of Derivatives

The change in fair value of derivatives not designated as hedging instruments comprised the following for the years ended December 31, 2016, 2015 and 2014:

	For The Year Ended December 31,
	2016			2015		2014
Currency swaps	$	(10,213	)	$	4,848	$	2,311