Annual report pursuant to Section 13 and 15(d)

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

v2.4.0.8
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Summary of Activity in AOCI Related to Derivatives

Activity in AOCI related to these derivatives is summarized below:

 

(In thousands)    2013     2012     2011  

Derivative Balance at the Beginning of the Year in AOCI

   $ (142   $ (256   $ (338
  

 

 

   

 

 

   

 

 

 

Net Deferral in AOCI of Derivatives:

      

Net (Increase) Decrease in Fair Value of Derivatives

     2        (34     (171

Tax Effect

     —          14        61   
  

 

 

   

 

 

   

 

 

 
     2        (20     (110
  

 

 

   

 

 

   

 

 

 

Net Reclassification from AOCI into Earnings:

      

Reclassification from AOCI into Earnings – Interest Expense

     109        209        298   

Tax Effect

     (38     (75     (106
  

 

 

   

 

 

   

 

 

 
     71        134        192   
  

 

 

   

 

 

   

 

 

 
      
  

 

 

   

 

 

   

 

 

 

Net Change in Derivatives for the Year

     73        114        82   
  

 

 

   

 

 

   

 

 

 

Derivative Balance at the End of the Year in AOCI

   $ (69   $ (142   $ (256