v2.4.0.8
Derivative Instruments (Tables)
 6 Months Ended
Jun. 30, 2013
Summary of Derivative Positions

The following summarizes the Company’s derivative positions as at June 30, 2013:

 

                 Fair
Value /
Carrying
Amount
of Asset
(Liability)		               
  

Interest Rate Index

    $      $     (years)      (%) (1)  

LIBOR-Based Debt:

           

U.S. Dollar-denominated interest rate swap

    USD LIBOR 3 month      200,000        (9,871 )      3.3        2.61  

U.S. Dollar-denominated interest rate swap

    USD LIBOR 3 month      100,000        (16,848 )      4.3        5.55  

U.S. Dollar-denominated interest rate swap

    USD LIBOR 3 month      45,000        (6 )      0.1        1.19  

 

(1) Excludes the margin the Company pays on its variable-rate debt, which as of June 30, 2013 ranged from 0.3% to 1.0%.