Accumulated Other Comprehensive Income

9 Months Ended

Sep. 30, 2021


12. Accumulated Other Comprehensive Income

The following tables summarize changes in accumulated other comprehensive income (AOCI) by component, all of which are presented net of tax:


thousands
Balance as of June 30, 2021	$	(27,754)
Other comprehensive income (loss) before reclassifications	(201)
(Gain) loss reclassified from accumulated other comprehensive loss to net income	3,172
Share of investee's other comprehensive income	1,508

Net current-period other comprehensive income	4,479
Balance as of September 30, 2021	$	(23,275)

Balance as of June 30, 2020	$	(61,111)
Other comprehensive income (loss) before reclassifications	1,037
(Gain) loss reclassified from accumulated other comprehensive loss to net income	4,309
Derecognition of interest rate swap	12,934
Net current-period other comprehensive loss	18,280
Balance as of September 30, 2020	$	(42,831)


thousands
Balance as of December 31, 2020	$	(38,590)
Other comprehensive income (loss) before reclassifications	2,046
(Gain) loss reclassified from accumulated other comprehensive loss to net income	9,186
Share of investee's other comprehensive income	4,083
Net current-period other comprehensive loss	15,315
Balance as of September 30, 2021	$	(23,275)

Balance as of December 31, 2019	$	(29,372)
Other comprehensive income (loss) before reclassifications	(35,211)
(Gain) loss reclassified from accumulated other comprehensive loss to net income	8,818
Derecognition of interest rate swap	12,934
Net current-period other comprehensive loss	(13,459)
Balance as of September 30, 2020	$	(42,831)

The following table summarizes the amounts reclassified out of AOCI:


Accumulated Other Comprehensive Income (Loss) Components	Amounts reclassified from Accumulated Other Comprehensive Income (Loss)
	Three Months Ended September 30,				Nine Months Ended September 30,				Affected line items in the Statements of Operations
thousands	2021		2020		2021		2020
(Gains) losses on cash flow hedges	$	4,060	$	5,233	$	11,749	$	10,743	Interest expense
Income tax expense (benefit)	(888)		(924)		(2,563)		(1,925)		Income tax expense (benefit)
Total reclassifications of (income) loss, net of tax	$	3,172	$	4,309	$	9,186	$	8,818