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DERIVATIVE INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Amount and Location of Derivatives in the Balance Sheet
The following table summarizes the amount and location of the Company’s derivative instruments in the consolidated balance sheets (in thousands):
 
 
Fair value - Derivatives in asset position
Derivative
 
Balance Sheet Caption
 
December 31, 2019
 
December 31, 2018
Interest rate caps designated as cash flow hedges
 
Prepaid expenses and other current assets
 
$

 
$
2,627

Total derivatives
 
 
 
$

 
$
2,627

 
 
Fair value - Derivatives in liability position
Derivative
 
Balance Sheet Caption
 
December 31, 2019
 
December 31, 2018
Interest rate swaps designated as cash flow hedges
 
Accrued expenses and other current liabilities
 
$
1,275

 
$

Interest rate swaps designated as cash flow hedges
 
Other noncurrent liabilities
 
5,920

 

Interest rate swaps not designated as hedges
 
Other noncurrent liabilities
 
90

 

Total derivatives
 
 
 
$
7,285

 
$

Schedule of Pre-tax Income (Loss) Recognized in the Statements of Comprehensive Income (Loss)
The following table presents the pre-tax gains (losses) from derivative instruments recognized in other comprehensive (loss) income in the Company’s consolidated statements of comprehensive income (loss) (in thousands):
 
Years Ended December 31,
Derivative
2019
 
2018
 
2017
Interest rate caps designated as cash flow hedges
$
(1,103
)
 
$
1,008

 
$
94

Interest rate swaps designated as cash flow hedges
(7,195
)
 

 

Total
$
(8,298
)
 
$
1,008

 
$
94

The following table presents the amount and location of pre-tax income (loss) recognized in the Company’s consolidated statement of comprehensive income (loss) related to the Company’s derivative instruments (in thousands):
 
 
 
Year Ended December 31,
Derivative
Income Statement Caption
 
2019
 
2018
 
2017
Interest rate caps designated as cash flow hedges
Interest expense
 
$
(125
)
 
$
300

 
$
5

Interest rate swaps designated as cash flow hedges
Interest expense
 
(115
)
 

 

Interest rate swaps not designated as hedges
Interest expense
 
(92
)
 

 

Total
 
 
$
(332
)
 
$
300

 
$
5