Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value of Company's Derivative Financial Instruments Classification on Unaudited Condensed Consolidated Balance Sheets

Tabular Disclosure of Fair Values of Derivative Instruments on the Balance Sheet

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the unaudited condensed consolidated balance sheets as of September 30, 2015 and December 31, 2014:

	As of September 30, 2015				As of December 31, 2014
	Liability Derivatives				Liability Derivatives
	Balance Sheet Location		Fair Value		Balance Sheet Location		Fair Value
Derivatives designated as hedging instruments:
Interest rate swaps		Other liabilities	$	2,844		Other liabilities	$	628
Forward interest rate swaps		Other liabilities		22,167				—
Total derivatives designated as hedging instruments			$	25,011			$	628

Schedule of Pre-tax Effect of Derivative Financial Instruments on Unaudited Condensed Consolidated Statements of Comprehensive Income

Tabular Disclosure of the Effect of Derivative Instruments on the Statements of Comprehensive Income

The table below presents the pre-tax effect of the Company’s derivative financial instruments on the unaudited condensed consolidated statements of comprehensive income for the three and nine months ended September 30, 2015 and 2014:

	Three Months Ended September 30					Nine Months Ended September 30
	2015			2014		2015			2014
Derivatives in Cash Flow Hedging Relationships:
(Loss) gain related to effective portion of derivatives recognized in accumulated other comprehensive loss	$	(17,490	)	$	1,005	$	(26,471	)	$	(1,868	)
Gain related to effective portion of derivatives reclassified from accumulated other comprehensive loss to interest expense	$	843		$	746	$	2,312		$	1,879
Loss related to ineffective portion of derivatives recognized in other expense (income), net	$	(1	)	$	—	$	(288	)	$	—

Schedule of Changes in Accumulated Other Comprehensive Loss

Changes in Accumulated Other Comprehensive Loss

The following table reflects the changes in accumulated other comprehensive loss for the nine months ended September 30, 2015, net of tax:

	(Losses) Gains on Cash Flow Hedges
Accumulated other comprehensive loss:
Balance at December 31, 2014	$	(483	)
Other comprehensive loss before reclassifications		(16,830	)
Amounts reclassified from accumulated other comprehensive loss to interest expense		1,470
Unrealized loss on derivatives, net of tax		(15,360	)
Balance at September 30, 2015	$	(15,843	)