XML 68 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
Note 16 - Accumulated Other Comprehensive (Loss)
 12 Months Ended
Dec. 31, 2013
Disclosure Text Block [Abstract]  
Comprehensive Income (Loss) Note [Text Block]

16.                   ACCUMULATED OTHER COMPREHENSIVE (LOSS)


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):


   

Cash Flow Swaps

   

Available for Sale Securities

   

Total

 

Balance as of December 31, 2012

  $ (1,178 )   $ (578 )   $ (1,756 )

Changes in fair value

    892       −       892  

Income tax expense

    (338 )     −       (338 )

Balance as of December 31, 2013

  $ (624 )   $ (578 )   $ (1,202 )

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


   

Year Ended

 
   

December 31, 2013

   

December 31, 2012

 

Losses on cash flow swaps to:

               

Interest expense

  $ (290 )   $ (393 )

Income tax benefit

    113       153  

Total reclassifications

  $ (177 )   $ (240 )