XML 51 R36.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value of Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2014
Fair Value Disclosures [Abstract]  
Components of derivative instruments
Core Molding Technologies' derivative instruments included on the Consolidated Balance Sheets were as follows:
 
Balance Sheet
Location
 
December 31,
2014 Fair Value
 
December 31,
2013 Fair Value
Derivatives not designated as hedging instruments Interest rate risk activities
Interest rate swaps
 
$
37,000

 
$
103,000

Effect of derivative instruments on income
The effect of derivative instruments on the Consolidated Statements of Income was as follows:
Derivatives Not Designated as Hedging Instruments
 
Location of Gain (Loss)
Recognized
in Income on Derivative
 
Amount of Realized/Unrealized Gain
(Loss) Recognized in Income on
Derivatives
Year ended
 
 
 
December 31,
2014
 
December 31,
2013
 
December 31,
2012
Interest rate swaps
 
Interest expense
 
$
46,000

 
$
73,000

 
$
36,000