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Derivative Instruments (Tables)
9 Months Ended
Sep. 30, 2015
Derivative Instruments, Gain (Loss) [Line Items]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
As of September 30, 2015 and December 31, 2014, the fair value carrying amount of the Company's derivative instruments are recorded as follows:
 
 
 
 
Asset / (Liability) Derivatives
 
 
Balance Sheet Caption
 
September 30,
2015
 
December 31,
2014
 
 
 
 
(dollars in thousands)
Derivatives designated as hedging instruments
 
 
 
 
 
 
Interest rate swaps
 
Other assets
 
$
90

 
$
1,270

Interest rate swaps
 
Accrued liabilities
 
(510
)
 
(180
)
Interest rate swaps
 
Other long-term liabilities
 
(4,470
)
 

Total derivatives designated as hedging instruments
 
 
 
$
(4,890
)
 
$
1,090

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
nine months ended September 30, 2015 and 2014:
 
Amount of Income (Loss) Recognized
in AOCI on Derivative
(Effective Portion, net of tax)
 
 
 
Amount of Loss Reclassified
from AOCI into Earnings
 
 
 
 
Three months ended
September 30,
 
Nine months ended
September 30,
 
As of
September 30,
2015
 
As of December 31, 2014
 
Location of Loss Reclassified from AOCI into Earnings (Effective Portion)
 
2015
 
2014
 
2015
 
2014
 
(dollars in thousands)
 
 
 
(dollars in thousands)
Derivatives designated as hedging instruments
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
$
(3,030
)
 
$
680

 
Interest expense
 
$
(210
)
 
$

 
$
(210
)
 
$

 
 
 
 
 
Income (loss) from discontinued operations
 
$

 
$
(240
)
 
$
(440
)
 
$
(730
)

O
Fair Value Measurements, Recurring and Nonrecurring
value measurements and the fair value hierarchy level for the Company's assets and liabilities measured at fair value on a recurring basis as of September 30, 2015 and December 31, 2014 are shown below.  
 
Description
 
Frequency
 
Asset / (Liability)
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
 
 
 
 
 
(dollars in thousands)
September 30, 2015
Interest rate swaps
 
Recurring
 
$
(4,890
)
 
$

 
$
(4,890
)
 
$

December 31, 2014
Interest rate swaps
 
Recurring
 
$
1,090

 
$

 
$
1,090

 
$