Quarterly report pursuant to Section 13 or 15(d)

Financial Instruments (Tables)

v3.10.0.1
Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2018
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping
The composition of financial instruments is as follows:
 
June 30, 2018
 
December 31, 2017
 
(in thousands)
Assets
 
 
 
Interest rate swap
$
2,462

 
$
734


Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table presents a summary of the Company’s financial instruments that were measured at fair value on a recurring basis and the related level of the fair value hierarchy:
 
 
 
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)
Interest rate swap, June 30, 2018
$
2,462

 
$

 
$
2,462

 
$

Interest rate swap, December 31, 2017
$
734

 
$

 
$
734

 
$



Derivative Instruments and Hedging Activities Disclosure
The following table summarizes activity for the interest rate swap:
 
Six Months Ended
 
June 30,
2018
 
June 30,
2017
 
(in thousands)
Interest rate swap asset
 
 
 
Beginning balance
$
734

 
$

Unrealized gain included in other comprehensive income
1,728

 

Ending balance
$
2,462

 
$