Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.8.0.1
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2018
Fair Value Disclosures [Abstract]  
Schedule of interest rate swap derivatives measured at 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, 2016
$
8,159

Swap ineffectiveness
4

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

Unrealized gains on interest rate swaps included in accumulated other comprehensive income
1,613

Fair value at March 31, 2017
$
10,546

 
 
Fair value at December 31, 2017
$
12,414

Losses on interest rate swaps reclassified into interest expense from accumulated other comprehensive income
49

Unrealized gains on interest rate swaps included in accumulated other comprehensive income
8,990

Fair value at March 31, 2018
$
21,453