Annual report pursuant to Section 13 and 15(d)

Derivative Financial Instruments Derivative Financial Instruments (Tables)

v3.6.0.2
Derivative Financial Instruments Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location
The table below presents the notional and fair value of the Swap Agreements as well as their classification on the Consolidated Balance Sheet as of December 31, 2016:
 
Balance Sheet Location
 
Notional
 
Fair Value
 
 
 
(in thousands)
Derivatives designated as cash flow hedging instruments:
 
 
 
 
 
Swap Agreements
Other assets
 
$
75,000

 
$
1,098

Derivative Instruments, Gain (Loss)
The table below presents the amount of gains and/or losses related to the effective and ineffective portions of the Swap Agreements and their location on the Consolidated Statements of Operations and the Consolidated Statements of Comprehensive Income (Loss) for the fiscal year ended December 31, 2016:
 
 
Effective Portion
 
Ineffective Portion
Derivatives Designated as Cash Flow Hedges
 
Gain Recognized in OCI
 
Location of Gain Recognized in Income
 
Gain Recognized in Income
 
Location of Gain Recognized in Income
 
Gain Recognized in Income
 
 
(in thousands)
Swap Agreements
 
$
946

 
Interest expense and other
 
$
226

 
Interest expense and other
 
$
152