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Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value Derivatives
The fair values of the derivatives designated as cash flow hedges as of December 31, 2019 and 2018 on our consolidated balance sheets were as follows (in thousands):
 
 
December 31,
 
 
2019
 
2018
Assets
 
 
 
 
Prepaid expenses and other current assets
 
$
3

 
$
42

Other long-term assets
 

 
40

 
 
$
3

 
$
82

 
 
 
 
 
Liabilities
 
 
 
 
Accrued expenses and other current liabilities
 
$
782

 
$
4

Derivative liabilities
 
8,459

 
3,626

 
 
$
9,241

 
$
3,630

Changes in Fair Value of Derivative Contracts
The changes in fair value of the derivative contracts designated as cash flow hedges and the amounts recognized in accumulated other comprehensive income (loss) and in earnings were as follows (in thousands):
 
 
Year ended December 31,
 
 
2019
 
2018
Beginning balance
 
$
3,548

 
$
5,852

Loss (gain) recognized in other comprehensive loss
 
6,131

 
(1,729
)
Amounts reclassified from other comprehensive loss to earnings
 
(216
)
 
(369
)
Net loss (gain) recognized in other comprehensive income (loss)
 
5,915

 
(2,098
)
Gain recognized in earnings
 
(225
)
 
(206
)
Ending balance
 
$
9,238

 
$
3,548