XML 35 R23.htm IDEA: XBRL DOCUMENT
v3.19.2

Hedge Accounting | 6 Months Ended
--- | ---
Jun. 30, 2019
Hedge Accounting [Abstract] |
Hedge Accounting | Note 17 – Hedge Accounting ﻿ As of June 30, 2019 and December 31, 2018, the Company held interest rate derivatives in the total notional amount of $8.0 million and $8.0 million, respectively. ﻿ The derivatives are recorded on the balance sheet at fair value and are included in the following line items: ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |
﻿ |  | Liability Derivatives
﻿ |  | June 30, |  | December 31,
﻿ |  | 2019 |  | 2018
﻿(Dollars in thousands) |  | Balance sheet location |  | Fair value |  | Balance sheet location |  | Fair value
﻿Interest rate contracts |  | Derivative financial instruments - current portion |  | $ | 89 |  | Derivative financial instruments - current portion |  | $ | 41
﻿ |  | Derivative financial instruments - non-current portion |  |  | 287 |  | Derivative financial instruments - non-current portion |  |  | 145
﻿Total derivatives designated as hedging instruments |  |  |  | $ | 376 |  |  |  | $ | 186
﻿Total derivatives |  |  |  | $ | 376 |  |  |  | $ | 186
﻿ We have no derivatives designated as hedging instruments which are in asset positions. ﻿ The changes in fair value are recorded in Other Comprehensive Income and released into interest expense in the same period(s) in which the hedged transactions affect earnings. In the quarter and six months ended to June 30, 2019 and June 30, 2018, respectively, the derivative instruments affected Comprehensive Income as follows: ﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |  |
﻿(Dollars in thousands) | Location of Loss Recognized in Income on Derivatives |  | Amount of Loss Recognized in Income on Derivatives
﻿ |  |  | Quarter Ended June 30, |  | Six Months Ended June 30,
﻿ |  |  |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018
﻿Interest rate contracts | Interest expense |  | $ | 13 |  | $ | — |  | $ | 24 |  | $ | —
﻿Total |  |  | $ | 13 |  | $ | — |  | $ | 24 |  | $ | —
﻿ ﻿
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿ |  | Loss Recognized in OCI on Derivatives (Effective Portion)
﻿(Dollars in thousands) |  | Amount |  | Amount
﻿ |  | Quarter Ended June 30, |  | Six Months Ended June 30,
﻿ |  |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018
﻿Interest rate contracts |  | $ | 134 |  | $ | — |  | $ | 215 |  | $ | —
﻿Total |  | $ | 134 |  | $ | — |  | $ | 215 |  | $ | —
﻿ |  |  |  |  |  |  |  |  |  |  |  |
﻿Loss Reclassified from AOCI into Income (Effective Portion)
﻿Line Item |  | Amount |  | Amount
﻿ |  | Quarter Ended June 30, |  | Six Months Ended June 30,
﻿ |  |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018
﻿Interest expense |  | $ | 13 |  | $ | — |  | $ | 24 |  | $ | —
﻿Total |  | $ | 13 |  | $ | — |  | $ | 24 |  | $ | —
﻿ The derivative has no ineffective portion, and consequently no losses have been recognized directly in income.

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 The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -URI http://asc.fasb.org/topic&trid=2229140 + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration