Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2019

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Fair Value of Company's Derivative Financial Instruments Classification in Consolidated Balance Sheet

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 in the accompanying consolidated balance sheets as of December 31, 2019 and 2018:

	Liability Derivatives			Asset Derivatives
	As of December 31, 2019			As of December 31, 2018
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments:	(In thousands)
Interest rate swap agreements	Other liabilities		2,156	Other assets		3,109
Total derivatives designated as hedging instruments		$	2,156		$	3,109

Schedule of Pre-tax Effect of Derivative Financial Instruments in Consolidated Statements of Comprehensive Income (Loss)

Tabular Disclosure of the Effect of Derivative Instruments on the Statements of Comprehensive Income (Loss)

The table below presents the pre-tax effect of the Company’s derivative financial instruments in the accompanying consolidated statements of comprehensive income (loss) for the years ended December 31, 2019 and 2018:

	2019			2018
	(In thousands)
Derivatives in Cash Flow Hedging Relationships:
(Loss) gain recognized in accumulated other comprehensive (loss) income	$	(5,247	)	$	14,262
Loss reclassified from accumulated other comprehensive (loss) income to interest expense	$	(17	)	$	(2,697	)

Schedule of Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax

Changes in Accumulated Other Comprehensive (Loss) Income

The following table reflects the changes in accumulated other comprehensive (loss) income for the years ended December 31, 2019 and 2018, net of tax:

Accumulated other comprehensive (loss) income (In thousands):			Gains (Losses) on Cash Flow Hedges
Accumulated other comprehensive loss at December 31, 2017			$	(5,076	)
Effects of adoption of ASU 2018-02				(1,094	)
Other comprehensive income before reclassifications	10,426
Amounts reclassified from accumulated other comprehensive (loss) income to interest expense	(1,972	)
Unrealized gain on derivatives, net of tax				8,454
Accumulated other comprehensive income at December 31, 2018				2,284
Other comprehensive loss before reclassifications	(3,831	)
Amounts reclassified from accumulated other comprehensive (loss) income to interest expense	(12	)
Unrealized loss on derivatives, net of tax				(3,843	)
Accumulated other comprehensive loss at December 31, 2019			$	(1,559	)