|
Financial Instruments (Details 2) (USD $)
|
6 Months Ended |
12 Months Ended |
|
Jun. 30, 2012
|
Dec. 31, 2014
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Effect of interest rate swap hedges on results |
|
|
|
|
| Unrealized and realized losses on interest rate swaps |
|
$ (98,713,000) |
$ (126,150,000) |
$ (155,173,000) |
| Unrealized gains/(losses) |
|
24,915,000 |
22,121,000 |
(739,000) |
| Interest rate swap contracts |
|
|
|
|
| Effect of interest rate swap hedges on results |
|
|
|
|
| Unrealized gains/(losses) on swap asset |
|
114,200,000 |
139,400,000 |
64,900,000 |
| Fair Value Hedges | Interest rate swap contracts |
|
|
|
|
| Fair Value Interest Rate Swap Hedges |
|
|
|
|
| Fair value change of interest rate swaps |
|
(900,000) |
(1,300,000) |
(1,100,000) |
| Effect of interest rate swap hedges on results |
|
|
|
|
| Unrealized gains/(losses) on swap asset |
|
(900,000) |
(1,300,000) |
(1,100,000) |
| Unrealized gains/(losses) on fair value of hedged debt |
|
|
|
600,000 |
| Amortization of fair value of hedged debt |
300,000 |
|
|
300,000 |
| Reclassification of fair value of hedged debt to Statement of Operations |
|
600,000 |
600,000 |
300,000 |
| Realized gains |
|
1,000,000 |
1,400,000 |
1,800,000 |
| Unrealized and realized losses on interest rate swaps |
|
700,000 |
700,000 |
1,900,000 |
| Related liability of fair value hedged debt |
|
|
1,000,000 |
1,600,000 |
| Unrealized gains/(losses) |
600,000 |
|
|
|
| Fair Value Hedges | Interest rate swap contracts | Other noncurrent assets |
|
|
|
|
| Effect of interest rate swap hedges on results |
|
|
|
|
| Related asset of fair value hedged debt |
|
700,000 |
1,600,000 |
|
| Fair Value Hedges | The Royal Bank of Scotland | Interest rate swap contracts |
|
|
|
|
| Fair Value Interest Rate Swap Hedges |
|
|
|
|
| Fair Value |
|
664,000 |
1,586,000 |
|
| Fair Value Hedges | The Royal Bank of Scotland | Interest rate swap contracts | Effective Date 12/15/2004 |
|
|
|
|
| Fair Value Interest Rate Swap Hedges |
|
|
|
|
| Notional Amount on Effective Date |
|
60,528,000 |
|
|
| Fixed Rate (Danaos receives) (as a percent) |
|
5.0125% |
|
|
| Floating rate (Danaos pays) |
|
USD LIBOR 3M BBA |
|
|
| Margin spread on variable rate (Danaos pays) (as a percent) |
|
0.835% |
|
|
| Fair Value |
|
302,000 |
747,000 |
|
| Fair Value Hedges | The Royal Bank of Scotland | Interest rate swap contracts | Effective Date 11/17/2004 |
|
|
|
|
| Fair Value Interest Rate Swap Hedges |
|
|
|
|
| Notional Amount on Effective Date |
|
62,342,000 |
|
|
| Fixed Rate (Danaos receives) (as a percent) |
|
5.0125% |
|
|
| Floating rate (Danaos pays) |
|
USD LIBOR 3M BBA |
|
|
| Margin spread on variable rate (Danaos pays) (as a percent) |
|
0.855% |
|
|
| Fair Value |
|
$ 362,000 |
$ 839,000 |
|