v2.3.0.15
Derivative Instruments and Hedging Activities (Tables)
9 Months Ended
Sep. 30, 2011
Derivative Instruments and Hedging Activities Disclosure [Abstract] 
Fair Values of Derivative Instruments
Fair Values of Derivative Instruments
(in thousands)
 
Liability Derivatives
 
 
As of September 30, 2011
 
As of December 31, 2010
 
 
Balance Sheet Location
 
Fair Value
 
Balance Sheet Location
 
Fair Value
Derivatives designated as hedging
instruments under ASC 815
 
 
 
 
 
 
 
 
Interest rate protection agreements
 
Long-term investments
 
$

 
Long-term investments
 
$
10,381

Interest rate protection agreements
 
Other current liabilities
 
(15,086
)
 
Other current liabilities
 
(17,508
)
Interest rate protection agreements
 
Other long-term liabilities
 
(11,815
)
 
Other long-term liabilities
 
(1,182
)
Total derivatives designated as
hedging instruments under ASC
815
 
 
 
$
(26,901
)
 
 
 
$
(8,309
)
Effect of Derivative Instruments on the Condensed Consolidated Statement of Income and Comprehensive Income
The Effect of Derivative Instruments on the Condensed Consolidated Statement of Income and Comprehensive Income
For the Three Months Ended September 30,
Derivatives in ASC 815 Cash
Flow Hedging Relationships
 
Amount of Gain (Loss)
Recognized in OCI on Derivative
(Effective Portion)
 
Location of Gain (Loss) Reclassified from
Accumulated OCI into
Income (Effective Portion)
 
Amount of Gain (Loss)
Reclassified from
Accumulated OCI into
Income (Effective Portion)
 
2011
 
2010
 
2011
 
2010
Interest rate protection agreements
 
$
(15,076
)
 
$
(5,591
)
 
Interest expense
 
$
(6,424
)
 
$
(4,663
)



The Effect of Derivative Instruments on the Condensed Consolidated Statement of Income and Comprehensive Income
For the Nine Months Ended September 30,
Derivatives in ASC 815 Cash
Flow Hedging Relationships
 
Amount of Gain (Loss)
Recognized in OCI on Derivative
(Effective Portion)
 
Location of Gain (Loss) Reclassified from
Accumulated OCI into
Income (Effective Portion)
 
Amount of Gain (Loss)
Reclassified from
Accumulated OCI into
Income (Effective Portion)
 
2011
 
2010
 
2011
 
2010
Interest rate protection agreements
 
$
(35,774
)
 
$
(22,246
)
 
Interest expense
 
$
(17,182
)
 
$
(23,904
)