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Accumulated Other Comprehensive Income (Loss)
 12 Months Ended
Dec. 31, 2020
Accumulated Other Comprehensive Loss [Abstract]  
Accumulated Other Comprehensive Loss Accumulated Other Comprehensive Income (Loss)
The following table summarizes the changes in accumulated other comprehensive income (loss) by component for the Company and the Operating Partnership for the years ended December 31, 2020 and 2019:
Derivative InstrumentsTotal for Operating PartnershipComprehensive Income (Loss) Attributable to Noncontrolling InterestTotal for Company
Balance as of December 31, 2018$3,574 $3,574 $(72)$3,502 
Other Comprehensive Loss Before Reclassifications(9,603)(9,603)202 (9,401)
Amounts Reclassified from Accumulated Other Comprehensive Income(984)(984)— (984)
Net Current Period Other Comprehensive Loss(10,587)(10,587)202 (10,385)
Balance as of December 31, 2019$(7,013)$(7,013)$130 $(6,883)
Other Comprehensive Loss Before Reclassifications
(17,422)(17,422)225 (17,197)
Amounts Reclassified from Accumulated Other Comprehensive Loss7,127 7,127 — 7,127 
Net Current Period Other Comprehensive Loss
(10,295)(10,295)225 (10,070)
Balance as of December 31, 2020$(17,308)$(17,308)$355 $(16,953)
The following table summarizes the reclassifications out of accumulated other comprehensive income (loss) for both the Company and the Operating Partnership for the years ended December 31, 2020, 2019 and 2018:
Amount Reclassified from Accumulated Other Comprehensive Loss (Income)
Accumulated Other Comprehensive (Income) Loss ComponentsYear Ended December 31, 2020Year Ended December 31, 2019Year Ended December 31, 2018Affected Line Items in the Consolidated Statements of Operations
Derivative Instruments:
Amortization of Previously Settled Derivative Instruments
410 233 96 Interest Expense
Net Settlement Payments (Receipts) to our Counterparties6,516 (1,217)109 Interest Expense
Acceleration of 2020 Swap (as defined in Note 12)201 — — General & Administrative
$7,127 $(984)$205 Total
The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in other comprehensive income and is subsequently reclassified to earnings through interest expense over the life of the derivative or over the life of the debt. In the next 12 months, we expect to amortize approximately $410 into net income by increasing interest expense for derivative instruments we settled in previous periods. Additionally, recurring settlement payments or receipts related to the 2014 Swaps and 2015 Swaps (as defined in Note 12) will also be reclassified to interest expense. See Note 12 for more information about our derivatives.