Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.10.0.1
FAIR VALUE MEASUREMENTS (Tables)
 9 Months Ended
Sep. 30, 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
9

Losses on interest rate swaps reclassified into interest expense from accumulated other comprehensive income
1,958

Unrealized losses on interest rate swaps included in accumulated other comprehensive income
(2,715
)
Fair value at September 30, 2017
$
7,411

 
 
Fair value at December 31, 2017
$
12,414

Gains on interest rate swaps reclassified into interest expense from accumulated other comprehensive income
(831
)
Unrealized gains on interest rate swaps included in accumulated other comprehensive income
16,733

Fair value at September 30, 2018
$
28,316