Annual report pursuant to Section 13 and 15(d)

Financial Instruments (Tables)

v3.10.0.1
Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2018
Fair Value Disclosures [Abstract]  
Available-for-sale Securities [Table Text Block]
The composition of financial instruments is as follows:
 
December 31, 2018
 
December 31, 2017
 
(in thousands)
Assets
 
 
 
Interest rate swap
$
1,623

 
$
734


Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The following table presents a summary of the Company’s financial instruments that are measured on a recurring basis:
 
 
 
Fair Value Measurements
 
Balance
 
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
(in thousands)
Assets
 
 
 
 
 
 
 
Interest rate swap, December 31, 2018
$
1,623

 
$

 
$
1,623

 
$

Interest rate swap, December 31, 2017
$
734

 
$

 
$
734

 
$

Derivative Instruments and Hedging Activities Disclosure [Text Block]
The following table summarizes activity for the interest rate swap:
 
Fair Value at December 31,
 
2018
 
2017
 
(in thousands)
Interest rate swap asset
 
 
 
Beginning balance
$
734

 
$

Unrealized gain recognized in other comprehensive income (loss)
889

 
734

Ending balance
$
1,623

 
$
734