Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2021

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
	March 31, 2021			December 31, 2020			Balance Sheet Classification
Derivatives designated as hedges:
5 year interest rate swap	$	—		$	(368	)	Other long-term (liabilities)
10 year interest rate swap		—			(2,123	)	Other long-term (liabilities)
10 year forward interest rate swap		(2,386	)		—		Other long-term (liabilities)
	$	(2,386	)	$	(2,491	)

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

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

	Three Months Ended
	March 31,
	2021			2020			Income Statement Classification
Derivatives designated as hedges:
5 year interest rate swap	$	(831	)	$	(6	)	Increase (decrease) to interest expense
10 year interest rate swap		490			52		Increase (decrease) to interest expense
	$	(341	)	$	46