Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE INSTRUMENTS (Tables)

v3.3.0.814
DERIVATIVE INSTRUMENTS (Tables)
 9 Months Ended
Sep. 30, 2015
DERIVATIVE INSTRUMENTS [Abstract]  
Realized And Unrealized Gains On Derivatives
The following tables detail (in thousands) the impact the agreements had on the financial statements:

   
Three Months Ended
    
Nine Months Ended
  
   
September 30,
    
September 30,
  
   
2015
    
2014
    
2015
    
2014
  
                         
Unrealized gain (loss)
   $ -     $ -     $ 180     $ (48 )
Realized gain (loss)
     -       -       (180 )     87  
Net gain
   $ -     $ -     $ -     $ 39  
Impact of Interest Rate Swap on Other Comprehensive Loss
The following tables detail (in thousands) the impact the agreement had on the financial statements:

   
September 30,
  
   
2015
    
2014
  
Other Comprehensive Loss
            
  Cumulative loss
   $ -     $ (382 )
  Deferred tax benefit
     -       134  
  Net cumulative loss
   $ -     $ (248 )
                 
Interest expense reclassified from other comprehensive loss
   $ -     $ 190  
Commodity Financial Instruments [Member]  
Derivative [Line Items]  
Fair Value of Derivative Liabilities
   
September 30, 2015
    
December 31, 2014
  
             
Fair value of financial contracts – liability
   $ -     $ 180  
Interest Rate Swaps [Member]  
Derivative [Line Items]  
Fair Value of Derivative Liabilities

   
September 30, 2015
    
December 31, 2014
  
             
Fair value of interest rate swap  - liability
   $ 227     $ 378