v2.4.0.8
Derivative Instruments (Tables)
 12 Months Ended
Dec. 31, 2013
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Summary of Derivative Positions

The following summarizes the Company’s derivative positions as at December 31, 2013:

 

     Interest Rate
Index		      Principal
Amount
$		      Fair Value /
Carrying
Amount of Asset
(Liability)
$		     Remaining Term
(years)		      Fixed Interest
Rate
(%) (1)		  

LIBOR-Based Debt:

              

U.S. Dollar-denominated interest rate swap (1)

      USD LIBOR 3M         200,000        (9,505 )      2.8        2.61   

U.S. Dollar-denominated interest rate swap (1)

      USD LIBOR 3M         100,000        (15,763 )      3.8        5.55   

 

(1) Excludes the margin the Company pays on its variable-rate debt, which as of December 31, 2013 ranged from 0.3% to 1.0%.