Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.2.0.727
FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Jun. 30, 2015
Fair Value Disclosures [Abstract]  
Schedule of interest rate swap derivatives fair value
Information regarding our interest rate swaps measured at fair value, which are classified within Level 2 of the GAAP fair value hierarchy, is presented below (dollars in thousands):
 
Interest Rate Swaps Designated as Cash Flow Hedges
 
Non-hedge accounting Interest Rate Swaps
 
Total
Fair value at December 31, 2013
$
—

 
$
70

 
$
70

Unrealized losses included in interest expense
—

 
(193
)
 
(193
)
Losses on interest rate swaps reclassified into interest expense from accumulated other comprehensive loss
281

 
—

 
281

Unrealized losses included in accumulated other comprehensive loss
(1,252
)
 
—

 
(1,252
)
Fair value at June 30, 2014
$
(971
)
 
$
(123
)
 
$
(1,094
)
 
 
 
 
 
 
Fair value at December 31, 2014
$
(865
)
 
$
(207
)
 
$
(1,072
)
Unrealized gains included in interest expense
—

 
8

 
8

Losses on interest rate swaps reclassified into interest expense from accumulated other comprehensive loss
775

 
—

 
775

Unrealized losses included in accumulated other comprehensive loss
(1,270
)
 
—

 
(1,270
)
Fair value at June 30, 2015
$
(1,360
)
 
$
(199
)
 
$
(1,559
)