Quarterly report pursuant to Section 13 or 15(d)

Financial Instruments and Derivatives (Tables)

v3.20.2
Financial Instruments and Derivatives (Tables)
9 Months Ended
Sep. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of interest rate swaps We held the following interest rate swaps as of September 30, 2020 (in thousands):
Hedged Item Current Notional Amount Designation Date Effective Date Termination Date Fixed Interest Rate Floating Rate Estimated Fair Value
1-month USD LIBOR Loan $ 15,000  May 31, 2018 June 1, 2018 September 23, 2021 2.611% 1-month USD LIBOR $ 369 
Total interest rate derivatives designated as cash flow hedge $ 15,000  $ 369