Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.7.0.1
FAIR VALUE MEASUREMENTS (Tables)
 3 Months Ended
Mar. 31, 2017
Fair Value Disclosures [Abstract]  
Schedule of interest rate swap derivatives fair value
Information regarding the Company's 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):
Fair value at December 31, 2015
$
(972
)
Swap ineffectiveness
7

Losses on interest rate swaps reclassified into interest expense from accumulated other comprehensive loss
403

Unrealized losses included in accumulated other comprehensive loss
(1,895
)
Fair value at March 31, 2016
$
(2,457
)
 
 
Fair value at December 31, 2016
$
8,159

Swap ineffectiveness
4

Losses on interest rate swaps reclassified into interest expense from accumulated other comprehensive loss
770

Unrealized gains included in accumulated other comprehensive loss
1,613

Fair value at March 31, 2017
$
10,546