|
INTEREST RATE SWAP AGREEMENTS (Details 3) (USD $)
In Thousands, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2013
Vessel
|
Dec. 31, 2012
|
Dec. 31, 2011
|
| Impact of derivative instruments and their location within Condensed Consolidated Statement of Operations |
|
|
|
| Amount of Gain (Loss) Reclassified from AOCI into income (Effective Portion) |
$ 9,963 |
$ 13,440 |
$ 28,854 |
| Amount of AOCI expected to be reclassified into interest expense over the next 12 months |
(4,652) |
|
|
| Number of vessels mortgaged |
35 |
|
|
| Aggregate amount of collateral |
100,000 |
|
|
|
Interest Expense [Member]
|
|
|
|
| Impact of derivative instruments and their location within Condensed Consolidated Statement of Operations |
|
|
|
| Amount of Gain (Loss) Reclassified from AOCI into income (Effective Portion) |
(9,963) |
(13,440) |
(28,854) |
|
Other Income (Expense) [Member]
|
|
|
|
| Impact of derivative instruments and their location within Condensed Consolidated Statement of Operations |
|
|
|
| Amount of Gain (Loss) Recognized in Income on Derivative (Ineffective Portion) |
(4) |
100 |
51 |
|
Interest rate contracts [Member]
|
|
|
|
| Impact of derivative instruments and their location within Condensed Consolidated Statement of Operations |
|
|
|
| Amount of Gain (Loss) Recognized in AOCI on Derivative (Effective Portion) |
$ (882) |
$ (4,252) |
$ (10,947) |