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Derivatives and Hedging Activities (Tables)
 9 Months Ended
Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Derivatives
The following is a summary of our interest rate swaps that were designated as cash flow hedges of interest rate risk as of September 30, 2017 and December 31, 2016, which includes an interest rate swap with a notional amount of $255 million that we entered into in October 2016 and became effective in July 2017 (notional amount in thousands):
Count
 
Notional Amount
 
Fixed LIBOR
 
Maturity Date
4
 
$642,000
 
1.2% - 1.5%
 
2019-2023
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)
The table below details the location of the gain or loss recognized on interest rate derivatives designated as cash flow hedges in the consolidated statements of operations and comprehensive (loss) income for the three and nine months ended September 30, 2017 and 2016 (in thousands):
  
Three Months Ended September 30,
 
Nine Months Ended September 30,
  
2017
 
2016
 
2017
 
2016
Amount of (loss) gain recognized in OCI on derivative
$
(179
)
 
$
1,306

 
$
(1,944
)
 
$
(9,584
)
Amount of loss reclassified from AOCI into interest expense
(228
)
 
(888
)
 
(1,203
)
 
(2,762
)