Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVE INSTRUMENTS (Tables)

v3.2.0.727
DERIVATIVE INSTRUMENTS (Tables)
6 Months Ended
Jun. 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
   
Six Months Ended
 
   
June 30,
   
June 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:

   
June 30,
 
   
2015
   
2014
 
Other Comprehensive Loss
           
  Cumulative loss
  $ -     $ (466 )
  Deferred tax benefit
    -       163  
  Net cumulative loss
  $ -     $ (303 )
                 
Interest expense reclassified from other comprehensive loss
  $ -     $ 130  
Fair Value of Derivative Liabilities
   
June 30, 2015
   
December 31, 2014
 
             
Fair value of interest rate swap  - liability
  $ 269     $ 378