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Derivative Financial Instruments
 12 Months Ended
Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Financial Instruments
Derivative Financial Instruments
From time to time, the Company seeks to offset its exposure to changing interest rates and its Affiliates seek to offset exposure to foreign currency exchange rates by entering into interest rate hedging contracts and foreign currency forward contracts, respectively.
In 2010, the Company entered into interest rate swap agreements as summarized in the table below:
 
Notional
Amount
 
Paying
 
Receiving
 
Start Date
 
Expiration Date
Counterparty A
$
25.0

 
1.67
%
 
3-Month LIBOR
 
October 2010
 
October 2015
Counterparty A
$
25.0

 
1.65
%
 
3-Month LIBOR
 
October 2010
 
October 2015
Counterparty B
$
25.0

 
1.59
%
 
3-Month LIBOR
 
October 2010
 
October 2015
Counterparty B
$
25.0

 
2.14
%
 
3-Month LIBOR
 
October 2010
 
October 2017

The Company’s interest rate derivative contracts contain provisions that may require the Company or the counterparties to post collateral based upon the current fair value of the derivative contracts. As of December 31, 2014, the Company had posted collateral of $2.4 million related to its interest rate swap contracts.
In 2014, one of the Company's Affiliates entered into foreign currency forward contracts relating to projected expenses denominated in pound sterling (GBP) and projected revenues denominated in euro (EUR):
 
 
Paying
 
Receiving
 
Start Date
 
Expected Settlement
Counterparty C
 
$
21.9

 
£
13.5

 
September 2014
 
Monthly 2015
Counterparty C
 
€
28.0

 
$
34.3

 
December 2014
 
Quarterly 2015

The following summarizes the amount of derivative instrument gains and losses reported in the Consolidated Statements of Comprehensive Income:
 
For the Years Ended December 31,
Cash Flow Hedges
2012
 
2013
 
2014
Interest rate swaps
$
(1.1
)
 
$
1.5

 
$
1.1

Treasury rate locks
0.0

 
0.0

 
0.0

Foreign currency forward contracts
—

 
—

 
(0.5
)
Total
$
(1.1
)
 
$
1.5

 
$
0.6


At December 31, 2013 and 2014, the fair values of the Company's interest rate swaps ($2.5 million and $1.4 million, respectively) are presented within Other liabilities and its foreign currency forward contracts ($0.5 million at December 31, 2014) are presented within Other assets.