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Derivative Hedging Instruments (Tables)
 3 Months Ended
Mar. 31, 2019
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 first three months of 2019 and 2018 performance.
 
At March 31, 2019
 
 
 
 
 
 
 
 
WEIGHTED
 
 
 
 
INCREASE
 
 
 
 
 
AGGREGATE
 
 
AVERAGE
 
 
 
 
(DECREASE) IN
 
 
 
HEDGE
 
NOTIONAL
 
 
RATE
 
 
REPRICING
 
INTEREST
 
 
 
TYPE
 
AMOUNT
 
 
RECEIVED/(PAID)
 
 
FREQUENCY
 
EXPENSE
 
SWAP ASSETS
 
FAIR VALUE
 
$
21,744,694
 
 
 
4.79
%
 
MONTHLY
 
$
9,008
 
SWAP LIABILITIES
 
FAIR VALUE
 
 
(21,744,694
)
 
 
(4.79
)
 
MONTHLY
 
 
(9,008
)
NET EXPOSURE
 
 
 
 
—
 
 
 
—
 
 
 
 
 
—
 
 
 
 
 
 
 
At March 31, 2018
 
 
 
 
 
 
 
 
WEIGHTED
 
 
 
 
INCREASE
 
 
 
 
 
AGGREGATE
 
 
AVERAGE
 
 
 
 
(DECREASE) IN
 
 
 
HEDGE
 
NOTIONAL
 
 
RATE
 
 
REPRICING
 
INTEREST
 
 
 
TYPE
 
AMOUNT
 
 
RECEIVED/(PAID)
 
 
FREQUENCY
 
EXPENSE
 
SWAP ASSETS
 
FAIR VALUE
 
$
16,813,329
 
 
 
3.88
%
 
MONTHLY
 
$
(23,543
)
SWAP LIABILITIES
 
FAIR VALUE
 
 
(16,813,329
)
 
 
(3.88
)
 
MONTHLY
 
 
23,543
 
NET EXPOSURE
 
 
 
 
—
 
 
 
—
 
 
 
 
 
—