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Note 9 - Accumulated Other Comprehensive Income
 3 Months Ended
Mar. 31, 2013
Comprehensive Income (Loss) Note [Text Block]
9 – Accumulated Other Comprehensive Income

In February 2013, the FASB issued guidance requiring entities to provide information about the amounts reclassified out of accumulated other comprehensive income (“AOCI”) by component. In addition, it requires entities to present, either on the face of the financial statement where net income is presented or in the notes, significant amounts reclassified out of AOCI by the respective line items of net income if the amount reclassified is required under GAAP to be reclassified to net income in its entirety in the same reporting period. This guidance is effective prospectively for annual and interim reporting periods beginning after December 15, 2012, with early adoption permitted. The amounts required to be disclosed under this guidance are below.

The following table shows the components of accumulated other comprehensive loss, net of tax, (in thousands):

   
Three Months Ended March 31, 2013
 
   
Cash Flow Swaps
   
Available for Sale Securities
   
Total
 
Balance as of December 31, 2012
  $ (1,178 )   $ (578 )   $ (1,756 )
Changes in fair value
    118       −       118  
Amounts reclassified from accumulated other comprehensive loss
    53       −       53  
Net current period other comprehensive income
    171       −       171  
Balance at March 31, 2013
  $ (1,007 )   $ (578 )   $ (1,585 )

The following table shows the amount of loss reclassified from accumulated other comprehensive loss into earnings (in thousands):

   
Three Months Ended
 
   
March 31, 2013
   
March 31, 2012
 
Losses on cash flow swaps to:
           
Interest expense
  $ 86     $ 105  
      86       105  
Income tax benefit
    (33 )     (40 )
Total reclassifications
  $ 53     $ 65