| Other comprehensive income (loss) |
| 20. |
Other comprehensive
income (loss) |
Charges and
credits to other comprehensive income (loss) have been as
follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
For the year
ended
December 31, 2011 |
|
| |
|
Interest rate
swap and cap
agreements |
|
|
Investment
securities |
|
|
Accumulated
other
comprehensive
income (loss) |
|
|
Beginning
balance
|
|
$ |
— |
|
|
$ |
503 |
|
|
$ |
503 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized
losses
|
|
|
(47,544 |
) |
|
|
(986 |
) |
|
|
(48,530 |
) |
|
Related income tax
benefit
|
|
|
18,495 |
|
|
|
384 |
|
|
|
18,879 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(29,049 |
) |
|
|
(602 |
) |
|
|
(29,651 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reclassification from
accumulated other comprehensive loss (income) into net
income
|
|
|
15,911 |
|
|
|
(93 |
) |
|
|
15,818 |
|
|
Related tax
|
|
|
(6,190 |
) |
|
|
36 |
|
|
|
(6,154 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
9,721 |
|
|
|
(57 |
) |
|
|
9,664 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance
|
|
$ |
(19,328 |
) |
|
$ |
(156 |
) |
|
$ |
(19,484 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
For the year
ended
December 31, 2012 |
|
| |
|
Interest rate
swap and cap
agreements |
|
|
Investment
securities |
|
|
Foreign
currency
translation
adjustments |
|
|
Accumulated
other
comprehensive
income (loss) |
|
|
Beginning
balance
|
|
$ |
(19,328 |
) |
|
$ |
(156 |
) |
|
$ |
— |
|
|
$ |
(19,484 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized (losses)
gains
|
|
|
(10,154 |
) |
|
|
2,524 |
|
|
|
(1,205 |
) |
|
|
(8,835 |
) |
|
Related income tax benefit
(expense)
|
|
|
3,950 |
|
|
|
(983 |
) |
|
|
— |
|
|
|
2,967 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(6,204 |
) |
|
|
1,541 |
|
|
|
(1,205 |
) |
|
|
(5,868 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reclassification from
accumulated other comprehensive loss (income) into net
income
|
|
|
16,578 |
|
|
|
(123 |
) |
|
|
— |
|
|
|
16,455 |
|
|
Related tax
|
|
|
(6,448 |
) |
|
|
48 |
|
|
|
— |
|
|
|
(6,400 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10,130 |
|
|
|
(75 |
) |
|
|
— |
|
|
|
10,055 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance
|
|
$ |
(15,402 |
) |
|
$ |
1,310 |
|
|
$ |
(1,205 |
) |
|
$ |
(15,297 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
For the year
ended
December 31, 2013 |
|
| |
|
Interest rate
swap and cap
agreements |
|
|
Investment
securities |
|
|
Foreign
currency
translation
adjustments |
|
|
Accumulated
other
comprehensive
income (loss) |
|
|
Beginning
balance
|
|
$ |
(15,402 |
) |
|
$ |
1,310 |
|
|
$ |
(1,205 |
) |
|
$ |
(15,297 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized gains
(losses)
|
|
|
277 |
|
|
|
3,752 |
|
|
|
(2,216 |
) |
|
|
1,813 |
|
|
Related income tax benefit
(expense)
|
|
|
(108 |
) |
|
|
(1,452 |
) |
|
|
— |
|
|
|
(1,560 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
169 |
|
|
|
2,300 |
|
|
|
(2,216 |
) |
|
|
253 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Reclassification from
accumulated other comprehensive loss (income) into net
income
|
|
|
21,096 |
|
|
|
(802 |
) |
|
|
— |
|
|
|
20,294 |
|
|
Related tax
|
|
|
(8,207 |
) |
|
|
312 |
|
|
|
— |
|
|
|
(7,895 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12,889 |
|
|
|
(490 |
) |
|
|
— |
|
|
|
12,399 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance
|
|
$ |
(2,344 |
) |
|
$ |
3,120 |
|
|
$ |
(3,421 |
) |
|
$ |
(2,645 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
The
reclassification of net swap and cap realized losses into income
are recorded as debt expense in the corresponding consolidated
statements of income. See Note 14 to the consolidated financial
statements for further details.
The
reclassification of net investment realized gains into income are
recorded in other income in the corresponding consolidated
statements of income. See Note 9 to the consolidated financial
statements for further details.
|