Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2015

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The following table presents financial liabilities measured and recorded at fair value on the Company’s Consolidated Balance Sheets on a recurring basis and their level within the fair value hierarchy as of March 31, 2015 and December 31, 2014:



		(Level 2)
	Balance Sheet Location	March 31, 2015 Fair Value		December 31, 2014 Fair Value
Derivatives not designated as hedging instruments Interest rate risk activities	Interest rate swap	$	26,000	$	37,000

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

The effect of derivative instruments on the Consolidated Statements of Income was as follows:



Derivatives Not Designated as Hedging Instruments	Location of Gain Recognized in Income on Derivative	Amount of Realized/Unrealized Gain Recognized in Income on Derivatives
Three months ended		March 31, 2015		March 31, 2014
Interest rate swap	Interest expense	$	6,000	$	13,000