We examine a small prominence eruption that occurred on 2014 May 1 at 01:35 UT and was observed by the Interface Region Imaging Spectrometer (IRIS) and the Atmospheric Imaging Assembly (AIA) on the Solar Dynamics Observatory (SDO). Pre- and post-eruption images were taken by the X-Ray Telescope (XRT) on Hinode. Pre-eruption, a dome-like structure exists above the prominence, as demarcated by coronal rain. As the eruption progresses, we find evidence for reconnection between the prominence magnetic field and the overlying field. Fast flows are seen in AIA and IRIS, indicating reconnection outflows. Plane-of-sky flows of ~300 km s$^{-1}$ are observed in the AIA 171 A channel along a potentially reconnected field line. IRIS detects intermittent fast line-of-sight flows of ~200 km s$^{-1}$ coincident with the AIA flows. Differential emission measure calculations show heating at the origin of the fast flows. Post-eruption XRT images show hot loops probably due to reconfiguration of magnetic fields during the eruption and subsequent heating of plasma in these loops. Although there is evidence for reconnection above the prominence during the eruption, high spatial resolution images from IRIS reveal potential reconnection sites below the prominence. A height-time analysis of the erupting prominence shows a slow initial rise with a velocity of ~0.4 km s$^{-1}$ followed by a rapid acceleration with a final velocity of ~250 km s$^{-1}$. Brightenings in IRIS during the transition between these two phases indicate the eruption trigger for the fast part of the eruption is likely a tether-cutting mechanism rather than a break-out mechanism.