Amendment Flag
Current Fiscal Year End Date
Document Period End Date
Entities [Table]
Entity Information [Line Items]
Entity Well-known Seasoned Issuer
Entity Voluntary Filers
Entity Current Reporting Status
Entity Filer Category
Entity Public Float
Entity Registrant Name
Entity Central Index Key
Entity Common Stock, Shares Outstanding
Document Fiscal Year Focus
Document Fiscal Period Focus
Document Type
Award Type [Axis]
Accounts and royalties payable
Accounts receivable
Accounts Receivable, Net, Current
Accrued income taxes
Foreign Currency Translation [Member]
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Loss [Abstract]
Interest Rate Swaps [Member]
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Unamortized Retirement Costs [Member]
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Table]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive loss
Balance
Balance
Estimated useful life of intangible assets acquired
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life
Additional paid-in-capital
Adjustments to reconcile net income to cash provided by operating activities:
Share-based compensation expense
Earned royalty advances
Amortization of intangibles
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities, Name [Domain]
Antidilutive Securities [Axis]
Anti-dilutive shares excluded for diluted EPS calculation (in shares)
Content and Publishing Rights [Member]
Assets:
Total Assets
Assets
Total Current Assets
Assets, Current
Current Assets
Balance Sheet Location [Axis]
Balance Sheet Location [Domain]
Basis of Presentation
Basis of Accounting [Text Block]
Purchase price allocation, long-term deferred tax liabilities
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent
Business Acquisition, Acquiree [Domain]
Purchase price allocation, customer relationships and content
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill
Business Acquisition [Axis]
Acquisitions [Abstract]
Business Acquisition [Line Items]
Acquisitions
Business Combination Disclosure [Text Block]
Purchase price allocation, technology
Cash and cash equivalents
Balance at End of Period
Balance at Beginning of Period
Cash and Cash Equivalents, at Carrying Value
Increase (Decrease) for the Period
Cash and Cash Equivalents, Period Increase (Decrease)
Cash and Cash Equivalents
Deferred loss on interest rate swap recorded as liabilities
Change in Unrealized Gain (Loss) on Foreign Currency Fair Value Hedging Instruments
Commitments and Contingencies
Commitments and Contingencies Disclosure [Text Block]
Commitments and Contingencies [Abstract]
Class A & Class B Common Stock
Common Stock, Value, Issued
Common stock (in dollars per share)
Common Stock Class A [Member]
Class A Common [Member]
Common Stock Class B [Member]
Class B Common [Member]
Retirement Plans [Abstract]
Comprehensive Income (Loss)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent
Accumulated Other Comprehensive Loss
Comprehensive Income (Loss) Note [Text Block]
Consolidation Items [Domain]
Consolidation Items [Axis]
Cost of sales
Total Costs and Expenses
Costs and Expenses
Credit Facility [Domain]
Credit Facility [Axis]
Customer Relationships [Member]
Description of variable rate basis
Debt Instrument, Description of Variable Rate Basis
Term of credit facility
Term of credit facility
Debt and Available Credit Facilities [Abstract]
Variable rate
Debt and Available Credit Facilities
Debt Disclosure [Text Block]
Non-cash deferred tax benefit associated with new tax legislation enacted in the U.K.
Deferred revenue
Deferred Income Tax Liabilities
Deferred Tax Liabilities, Net, Noncurrent
Recognized net actuarial loss
Defined Benefit Plan, Amortization of Gains (Losses)
Net amortization of prior service cost
Interest cost
Defined contribution plan
Defined Benefit Plan, Contributions by Employer
Net pension expense (credit)
Defined Benefit Plan, Net Periodic Benefit Cost
Defined benefit plans, net periodic benefit cost [Abstract]
Expected return on plan assets
Defined Benefit Plan, Expected Return on Plan Assets
Service cost
Settlement
Accrued Pension Liability
Depreciation of technology, property and equipment
Notional amount of derivative liability
Derivative [Line Items]
Term of derivative instrument
Derivative, Term of Contract
Derivative Instruments and Hedging Activities
Derivative Instruments and Hedging Activities Disclosure [Text Block]
Derivative [Table]
Expiration date
Inception date
Derivative Instruments and Hedging Activities [Abstract]
Derivative Instrument [Axis]
Fixed interest rate
Derivative, by Nature [Axis]
Fair value of derivative instrument
Derivative, Fair Value, Net
Losses recognized on derivative instruments
Derivative, Gain (Loss) on Derivative, Net
Derivative, Name [Domain]
Loss on fair value of derivative instruments
Derivative Instruments, Gain (Loss) [Table]
Net losses reclassified from accumulated other comprehensive loss
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Contract [Domain]
Recent Accounting Standards
Description of New Accounting Pronouncements Not yet Adopted [Text Block]
Share-Based Compensation
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
Schedule of share-based compensation data for awards granted
Earnings Per Share
Earnings Per Share, Basic and Diluted [Abstract]
Average Shares
Earnings Per Share, Basic and Diluted, Other Disclosures [Abstract]
Reconciliation of Weighted Average Shares Outstanding and Share Repurchases
Earnings Per Share [Text Block]
Basic (in dollars per share)
Earnings Per Share, Basic
Diluted (in dollars per share)
Earnings Per Share, Diluted
Effects of Exchange Rate Changes on Cash and Cash Equivalents
Effect of Exchange Rate on Cash and Cash Equivalents
Effective tax rate
Stock Options [Member]
Severance [Member]
Accrued employment costs
Employee-related Liabilities, Current
Equity Component [Domain]
Fair value [Member]
Excess tax benefit from stock-based compensation
Excess tax benefit from stock-based compensation
Excess Tax Benefit from Share-based Compensation, Operating Activities
Measurement Basis [Axis]
Fair Value, by Balance Sheet Grouping [Table]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value Measurement [Domain]
Net intangible assets with determinable lives
Finite-Lived Intangible Assets, Net
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Intangible Assets, Major Class Name [Domain]
Finite-Lived Intangible Assets by Major Class [Axis]
Foreign Tax Authority [Member]
Forward exchange contracts [Member]
Foreign Exchange Transaction Gain
Foreign exchange transaction losses [Member]
Goodwill
Intangible Assets [Abstract]
Income Statement Location [Axis]
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - UNAUDITED [Abstract]
Income Taxes [Abstract]
Income Tax Authority [Axis]
Income Before Taxes
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest
Income Statement Location [Domain]
Income Tax Examination [Line Items]
Provision For Income Taxes
Income Tax Authority [Domain]
Income Taxes
Income Tax Disclosure [Text Block]
Income Tax Examination [Table]
Income taxes, net
Royalty advances
Increase (Decrease) in Prepaid Royalties
Change in deferred revenue
Net change in operating assets and liabilities
Increase (Decrease) in Operating Capital
Dilutive effect of stock options and other stock awards (in shares)
Indefinite-lived Intangible Assets [Line Items]
Intangible assets with indefinite lives
Indefinite-Lived Intangible Assets (Excluding Goodwill)
Indefinite-lived Intangible Assets, Major Class Name [Domain]
Indefinite-lived Intangible Assets [Axis]
Total
Intangible Assets
Intangible Assets
Intangible Assets Disclosure [Text Block]
Interest Expense
Interest Expense
Interest
Interest rate swaps [Member]
Interest expense [Member]
LIFO reserve
Inventory, LIFO Reserve
Gross inventory
Inventory, Gross
Finished goods
Inventories
Inventory Disclosure [Text Block]
Inventory value of estimated sales returns
Inventory Adjustments
Total inventories
Inventories
Inventory, Net
Inventories [Abstract]
Work-in-process
Inventory, Work in Process, Gross
LIBOR [Member]
London Interbank Offered Rate (LIBOR) [Member]
Total Current Liabilities
Liabilities, Current
Current Liabilities
Liabilities & Shareholders' Equity:
Total Liabilities & Shareholders' Equity
Liabilities and Equity
Line of Credit Facility [Table]
Due date of senior revolving credit facility
Facility fee
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage
Senior revolving credit facility
Long-term Line of Credit
Amount of financing available under credit facilities
Credit Facilities [Line Items]
Variable rate loans outstanding
Long-Term Debt
Segment Reconciling Items [Member]
Maximum [Member]
Minimum [Member]
Financing Activities
Operating Activities
Cash Used for Investing Activities
Net Cash Provided by (Used in) Investing Activities, Continuing Operations
Cash Provided by Operating Activities
Net Cash Provided by (Used in) Operating Activities, Continuing Operations
Net Income
Net Income
Net income
Investing Activities
Cash Provided by (Used for) Financing Activities
Net Cash Provided by (Used in) Financing Activities, Continuing Operations
Recent Accounting Standards
New Accounting Pronouncements, Policy [Policy Text Block]
Covenants not to Compete [Member]
Noncompete Agreements [Member]
Number of core businesses
Operating and administrative expenses
Operating Expenses
Operating Segments [Member]
Costs and Expenses
Operating Costs and Expenses [Abstract]
Operating loss
Operating Income
Operating Income
Operating Income (Loss)
Basis of Presentation [Abstract]
Other Accrued Liabilities [Member]
Other Current Liabilities [Member]
Other Activities [Member]
Other Long-Term Liabilities [Member]
Total other comprehensive income (loss)
Other Comprehensive Income (Loss), Net of Tax
Other comprehensive income (loss) before reclassifications
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax
Foreign currency translation adjustment
Pre-tax actuarial losses included in Unamortized Retirement Costs
Other Assets
Other Assets, Noncurrent
Other non-cash charges
Other Noncash Income (Expense)
Unamortized retirement costs, tax provision
Unamortized retirement costs, net of tax provision of $2,349, $2,293, $2,659 and $4,559, respectively
Unrealized gain on interest rate swaps, tax provision
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Tax
Unrealized gain on interest rate swaps, net of tax provision of $67, $55, $141, and $56, respectively
Other accrued liabilities
Paper, cloth and other
Other Inventory, Purchased Goods, Gross
Other Long-Term Liabilities
Interest Income and Other
Other Comprehensive Income (Loss) :
Total Other Comprehensive Income (Loss)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent
Products and Services [Domain]
Purchase of treasury stock
Payments for Repurchase of Common Stock
Cash dividends
Payments of Ordinary Dividends, Common Stock
Cash, net of cash acquired
Acquisitions, net of cash acquired
Payments to Acquire Businesses, Net of Cash Acquired
Payments
Restructuring payments
Payments for Restructuring
Additions to technology, property and equipment
Payments to Acquire Property, Plant, and Equipment
Accrued pension liability
Pension and Other Postretirement Defined Benefit Plans, Current Liabilities
Pension plan contributions
Retirement Plans
Pension and Other Postretirement Benefits Disclosure [Text Block]
Portion at Fair Value Measurement [Member] [Default]
Prepaid and other
Prepaid Expense and Other Assets, Current
Change in book overdrafts
Borrowings of long-term debt
Proceeds from exercise of stock options and other
Borrowings of short-term debt
Products and Services [Axis]
Technology, Property & Equipment
Range [Domain]
Range [Axis]
Amounts reclassified from accumulated other comprehensive loss
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax
Repayments of long-term debt
Repayments of Long-term Debt
Restricted Stock [Member]
Charges
Restructuring charges
Restructuring charges
Restructuring and Reinvestment Program [Abstract]
Restructuring Liability, Beginning Balance
Restructuring Liability, Ending Balance
Restructuring Reserve
Foreign Translation & Reclassifications
Restructuring Reserve, Translation Adjustment
Activity for Restructuring and Reinvestment Program liability [Roll Forward]
Restructuring and Reinvestment Program
Restructuring and Related Activities Disclosure [Text Block]
Restructuring Type [Axis]
Restructuring Cost and Reserve [Line Items]
Retained earnings
Revenue
Revenue
Revenue
Revolving Credit Facility [Member]
Expected life of options
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table]
Weighted-average black-scholes fair value assumptions by stock option grants
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
Changes in accumulated other comprehensive loss by component, net of tax
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Schedule of Indefinite-Lived Intangible Assets [Table]
Schedule of Finite-Lived Intangible Assets [Table]
Reconciliation of shares used in computation of earnings per share
Schedule of Business Acquisitions, by Acquisition [Table]
Inventories
Components of net pension expense for the defined benefit plans
Schedule of Restructuring and Related Costs [Table]
Activity for restructuring and reinvestment program liability
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
Pre-tax restructuring charges (credits)
Schedule of Segment Reporting Information, by Segment [Table]
Segment information
Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table]
Segment Information [Abstract]
Segment [Domain]
Segments [Domain]
Segment Reporting Information [Line Items]
Segment Information
Segment Reporting Disclosure [Text Block]
Senior Revolving Credit Facility [Member]
Senior Debt Obligations [Member]
Awards granted (in shares)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period
Share-Based Compensation [Abstract]
Stock-based compensation expense
Weighted average fair value of grant (in dollars per share)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Awards granted (in shares)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures
Expected dividend yield
Expected volatility
Risk-free interest rate
Weighted-average Black-Scholes fair value assumptions by stock option grants [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]
Equity Award [Domain]
Weighted average fair value of grant (in dollars per share)
Short-term debt
Statement [Line Items]
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW - UNAUDITED [Abstract]
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - UNAUDITED [Abstract]
Equity Components [Axis]
Equity Components [Axis]
Statement [Table]
Segments [Axis]
Segments [Axis]
CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - UNAUDITED [Abstract]
Shares repurchased (in shares)
Shareholders' Equity
Total Shareholders' Equity
Stockholders' Equity Attributable to Parent
Subsequent Event Type [Axis]
Subsequent Event [Line Items]
Subsequent Event [Member]
Subsequent Event
Subsequent Event [Abstract]
Subsequent Event Type [Domain]
Subsequent Event [Table]
Brands and Trademarks [Member]
Trademarks [Member]
Average purchase price (in dollars per share)
Treasury stock
Treasury Stock, Value
Type of Restructuring [Domain]
Variable Rate [Axis]
Variable Rate [Domain]
Less: Unearned restricted shares (in shares)
Weighted Average Number of Shares, Restricted Stock
Weighted average shares outstanding (in shares)
Weighted Average Number of Shares Issued, Basic
Basic (in shares)
Shares used for basic earnings per share (in shares)
Diluted (in shares)
Shares used for diluted earnings per share (in shares)
Weighted Average Number of Shares Outstanding, Diluted
Tabular disclosure of the carrying value of intangible assets, excluding goodwill, in total and by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of the company.
Schedule of intangible assets [Table Text Block]
Schedule of intangible assets
Borrowing with the highest claim on the assets of the entity in event of bankruptcy or liquidation.
Five Year Senior Revolving Credit Facility [Member]
Five-Year Senior Revolving Credit Facility [Member]
Represents the lag period between the company's recent international acquisition and the reporting of its financial information.
Lag period between the company's recent international acquisition and financial reporting
Lag period between the company's recent international acquisition and financial reporting
The amount of working capital recognized as of the acquisition date.
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Working Capital
Negative working capital
Refers to number of learning objects.
Number of Learning Objects
Number of learning objects
Represents number of languages in which training program provided during the period.
Number of languages in which training program provided
Number of languages in which training program provided
Represents number of countries in which enterprise serves the end users.
Number of countries in which enterprise serves the end users
Number of countries in which enterprise serves the end users
Refers to acquiree in a material business combination, completed during the period.
Cross Knowledge [Member]
Cross Knowledge [Member]
Represents the deferred tax benefits per share.
Deferred tax benefits per share
Deferred tax benefits (in dollars per share)
A ratio calculated by dividing the reported amount of income tax expense attributable to continuing operations for the period, excluding tax benefits due to new tax legislation enacted, by GAAP-basis pretax income from continuing operations.
Effective Tax Rate Continuing Operations Excluding Tax Benefits Due To New Tax Legislation Enacted
Effective tax rate excluding the tax benefits due to new tax legislation enacted in the U.K.
Represents the deposits and accrued interest income.
Deposits and accrued interest income
Deposits and accrued interest income
Amount Expected as tax benefits derived from the step-up during the period.
Expected tax benefits derived from the step-up
Expected tax benefits derived from the step-up
Reduction of corporate income tax rates associated with new tax legislation enacted in the United Kingdom.
Corporate Income Tax Rate Reduction Due To New Tax Legislation
Corporate income tax rate reduction, U.K.
Refers to additional deposits plus interest in future periods until the issue is resolved.
Additional Deposits For Future Deposits
Additional deposits for future deposits
Represents the corporate income tax statutory rate for UK effective current fiscal year.
Income Tax Statutory Rate For UK in Year One
Income tax statutory rate for UK in 2017
Refers to expected tax benefits amortization over in CCCC-MM-DD format.
Expected Tax Benefits Amortization
Expected tax benefits amortization
Refers to total deposits related to required payments.
Payment related to deposits
Total deposits
Represents the corporate income tax statutory rate for UK effective in the next fiscal year.
Income Tax Statutory Rate For UK Year Two
Income tax statutory rate for UK in 2020
Expected period for tax appeal resolution.
Expected resolution period on tax appeal
Refers to Expected interest rate on deposits based on German legislation.
Expected interest rate on deposits
Expected interest rate on deposits
Carrying value of the tax deposit receivable related to the payment made to the German tax authorities which is expected to be returned to the Company.
Income Tax Deposit
Income Tax Deposits
Product development assets consist of composition costs and royalty advances to authors. Composition costs, primarily represent the costs incurred to bring an edited commercial manuscript to publication including typesetting, proofreading, design and illustration, etc. Royalty advances to authors are capitalized and, upon publication, are recovered as royalties earned by the authors based on sales of the published works.
Product Development Assets
Cash Dividends Per Share [Abstract]
Cash Dividends Per Share
Reconciliation of Weighted Average Shares Outstanding and Share Repurchases [Abstract]
Recent Accounting Standards [Abstract]
Process reengineering consulting with exit from or disposal of business activities or restructurings pursuant to a plan.
Process reengineering consulting [Member]
Process Reengineering Consulting [Member]
Amount of expenses associated with exit or disposal activities pursuant to an authorized plan. Excludes expenses related to a discontinued operation or an asset retirement obligation and other restructuring programs.
Restructuring charge excluding other restructuring programs
Total restructuring charge
The research component of the entity.
Research segment [Member]
Research [Member]
The professional development component of the entity.
Professional Development [Member]
The shared services component of the entity.
Shared Services [Member]
The education component of the entity.
Education [Member]
Direct contribution to profit minus allocated shared services and administrative costs.
Contribution to Profit
Corporate headquarter items not allocated to segments.
Shared Services And Administration Costs
Shared services and administration costs
Measure of profitability equal to gross profit minus direct operating expenses, amortization and depreciation.
Direct Contribution To Profit
Direct contribution to profit
The administration component of the entity's shared service and administrative costs.
Other Administration [Member]
Revenue by product service.
Research Communications [Member]
Research Communications [Member]
Revenue by product service.
Talent Solutions [Member]
The finance component of the entity's shared service and administrative costs.
Finance [Member]
Revenue by product service.
Journal Revenue [Member]
The administration component of the entity's shared restructuring (credits) charge.
Restructuring (Credits) Charge [Member]
Restructuring Charges [Member]
Revenue by product service.
Other Revenue [Member]
Other [Member]
Revenue by product service.
Books and Custom Material [Member]
Books and Custom Material [Member]
The administration component of the entity's shared in online program management.
Online Program Management (Deltak) [Member]
Revenue by product service.
Education Services (Deltak) [Member]
The distribution component of the entity's shared service and administrative costs.
Occupancy and Other [Member]
The distribution component of the entity's shared service and administrative costs.
Distribution [Member]
Distribution and Operation Services [Member]
The technology component of the entity's shared service and administrative costs.
Technology Services [Member]
Technology and Content Management [Member]
Revenue by product service.
Course Workflow Solutions [Member]
Course Workflow Solutions (WileyPlus) [Member]
Cash Paid During Period For [Abstract]
Cash Paid During the Period for:
Cash inflow from the sale of both tangible and intangible assets related to publishing programs.
Proceeds From Sale Of Publishing Assets
Escrowed proceeds from sale of consumer publishing programs
The cash outflow for composition costs and royalty advances.
Additions To Product Development Assets
Composition spending
The charge against earnings in the period representing the amortization of composition costs.
Amortization Of Composition Costs
Amortization of composition costs
Non-cash deferred tax benefits on U.K. rate changes.
Non Cash Deferred Tax Benefits On U.K. Rate Changes
Deferred Income Tax Benefit on U.K. rate change
Document and Entity Information [Abstract]
Previously decided period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
Previous Debt Instrument Term
Period of reinstatement of credit facility
The fair value per share of common stock on grant date used in the weighted average fair value assumptions for stock option grants.
Share based compensation arrangement by share based payment award fair value assumptions fair value of common stock on grant date
Fair value of common stock on grant date (in dollars per share)
Share based compensation data for awards granted by the Company [Abstract]
Share-based compensation data for awards granted by the Company [Abstract]
The period after which the variable interest rate is reset based on the reference rate (e.g., LIBOR, U.S. Treasury Rate). During the term of the derivative instrument, the variable interest rate will be reset at regular intervals corresponding to this reset period.
Basis Of Variable Interest Rate Reference Rate Reset Period
Basis of variable interest rate, reference rate reset period
Forward based contracts dated January 2014 in which two parties agree to swap periodic payments that are fixed at the outset of the swap contract with variable payments based on a market interest rate (index rate) over a specified period. This interest rate swap agreement fixed a portion of the variable interest due on the variable rate loans outstanding.
January 2014 Interest rate swap (variable rate loans) [Member]
Forward based contracts dated March 2012 in which two parties agree to swap periodic payments that are fixed at the outset of the swap contract with variable payments based on a market interest rate (index rate) over a specified period. This interest rate swap agreement fixed a portion of the variable interest due on the variable rate loans outstanding.
March 2012 Interest rate swap (variable rate loans) [Member]
Forward based contracts dated August 2014 in which two parties agree to swap periodic payments that are fixed at the outset of the swap contract with variable payments based on a market interest rate (index rate) over a specified period. This interest rate swap agreement fixed a portion of the variable interest due on the variable rate loans outstanding.
August 2014 Interest Rate Swap Variable Rate Loans [Member]
August 2014 Interest rate swap (variable rate loans) [Member]