My foreign account never exceeded $10,000 on its balance, but in total I had roughly $11,000 move through over the course of a year. Do I need to report it?

I had a foreign account for 2015 that had monthly balances of less than $10,000. I never had more than a few thousand dollars per month in the account. However, over the course of the year, I had moved about $11,000 through it. Does this mean I am required to report the bank account? It wasn't clear to me through the rules whether the FBAR requirement was $10,000 over time or in regards to the amount of money the account held at any given point. 

Thanks!