Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2020

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Schedule of Derivative Liabilities at Fair Value

The fair values of outstanding derivative instruments are as follows (in thousands):

	Fair Value of Derivatives at
	December 31,
	2020			2019			Balance Sheet Classification
Derivatives designated as hedges:
5 year interest rate swap	$	(368	)	$	—		Other Long-term (Liabilities)
10 year interest rate swap		(2,123	)		(1,054	)	Other Long-term (Liabilities)
	$	(2,491	)	$	(1,054	)

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)

The effect of the interest rate swaps on the consolidated statements of operations was as follows (in thousands):

	For the years ended December 31,
	2020		2019			Income Statement Classification
Derivatives designated as hedges:
5 year interest rate swap	$	191	$	(121	)	Interest Expense
10 year interest rate swap		478		60		Interest Expense
	$	669	$	(61	)