| ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) |
12 — ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The components of AOCI included in the accompanying consolidated balance sheets consist of net unrealized gain (loss) on cash flow hedges and net unrealized gains (losses) from investments in Jinhui stock and KLC stock as of December 31, 2013, 2012 and 2011.
Changes in AOCI by Component For the Three-Year Period Ended December 31, 2013
| | Net Unrealized Gain (Loss) on Cash Flow Hedges | | | Net Unrealized Gain on Investments | | | Total | | AOCI — January 1, 2011 | | $ | (43,152 | ) | | $ | 37,942 | | | $ | (5,210 | ) | | | | | | | | | | | | | | OCI before reclassifications | | | 46,761 | | | | (30,246 | ) | | | 16,515 | | Amounts reclassified from AOCI | | | (28,854 | ) | | | — | | | | (28,854 | ) | Net current-period OCI | | | 17,907 | | | | (30,246 | ) | | | (12,339 | ) | | | | | | | | | | | | | | AOCI — December 31, 2011 | | $ | (25,245 | ) | | $ | 7,696 | | | $ | (17,549 | ) | | | | | | | | | | | | | | OCI before reclassifications | | | 22,628 | | | | (3,480 | ) | | | 19,148 | | Amounts reclassified from AOCI | | | (13,440 | ) | | | — | | | | (13,440 | ) | Net current-period OCI | | | 9,188 | | | | (3,480 | ) | | | 5,708 | | | | | | | | | | | | | | | AOCI — December 31, 2012 | | $ | (16,057 | ) | | $ | 4,216 | | | $ | (11,841 | ) | | | | | | | | | | | | | | | OCI before reclassifications | | | 19,044 | | | | 56,482 | | | | 75,526 | | Amounts reclassified from AOCI | | | (9,963 | ) | | | — | | | | (9,963 | ) | Net current-period OCI | | | 9,081 | | | | 56,482 | | | | 65,563 | | | | | | | | | | | | | | | AOCI — December 31, 2013 | | $ | (6,976 | ) | | $ | 60,698 | | | $ | 53,722 | |
Reclassifications Out of AOCI For the Year Ended December 31, 2013
Details about AOCI Components | | Amount Reclassified from AOCI | | Affected Line Item in the Statement Where Net Loss is Presented | Gains and losses on cash flow hedges | | | | | Interest rate contracts | | $ | 9,963 | | Interest expense | | | | | | | Total reclassifications for the period | | $ | 9,963 | | |
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