Quarterly report pursuant to Section 13 or 15(d)

Derivatives (Tables)

v3.3.0.814
Derivatives (Tables)
9 Months Ended
Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Liabilities at Fair Value [Table Text Block]
The fair value and balance sheet locations of the interest rate swap as of September 30, 2015 and December 31, 2014, are as follows (in thousands):
 
September 30, 2015
 
December 31, 2014
Accounts payable and other liabilities
$
2,288

 
$

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss) [Table Text Block]
The interest rate swaps have been effective since inception. The gain or loss on the effective swap is recognized in other comprehensive loss, as follows (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2015
 
2014
 
2015
 
2014
Unrealized loss on interest rate hedge
$
(2,288
)
 
$

 
$
(2,288
)
 
$