XML 70 R55.htm IDEA: XBRL DOCUMENT v3.10.0.1

DERIVATIVE HEDGING INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Interest Rate Derivatives [Table Text Block]

The following table summarizes the interest rate swap transactions that impacted the Company’s 2018 and 2017 performance.

		DECEMBER 31, 2018
		HEDGE TYPE				AGGREGATE NOTIONAL AMOUNT				WEIGHTED AVERAGE RATE RECEIVED/(PAID)				REPRICING FREQUENCY				INCREASE (DECREASE) IN INTEREST EXPENSE
Swap assets			Fair Value			$	19,824,565				4.31	%			Monthly			$	(40,893	)
Swap liabilities			Fair Value				(19,824,565	)			(4.31	)			Monthly				40,893
Net exposure							—				—								—

		DECEMBER 31, 2017
		HEDGE TYPE				AGGREGATE NOTIONAL AMOUNT				WEIGHTED AVERAGE RATE RECEIVED/(PAID)				REPRICING FREQUENCY				INCREASE (DECREASE) IN INTEREST EXPENSE
Swap assets			Fair Value			$	16,948,686				3.47	%			Monthly			$	(110,778	)
Swap liabilities			Fair Value				(16,948,686	)			(3.47	)			Monthly				110,778
Net exposure							—				—								—

X

- References

No definition available.

+ Details

Name:	us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of interest rate derivatives, including, but not limited to, the fair value of the derivatives, statement of financial position location, and statement of financial performance location of these instruments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959

+ Details

Name:	us-gaap_ScheduleOfInterestRateDerivativesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration