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Derivative Financial Instruments (Tables)
 3 Months Ended
Mar. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value Derivatives
The fair values of the derivatives designated as cash flow hedges as of March 31, 2020 and December 31, 2019 on our consolidated balance sheets were as follows (in thousands):
 
 
March 31, 2020
 
December 31, 2019
Assets
 
 
 
 
Prepaid expenses and other current assets
 
$
—

 
$
3

 
 
$
—

 
$
3

 
 
 
 
 
Liabilities
 
 
 
 
Accrued expenses and other current liabilities
 
$
1,943

 
$
782

Derivative liabilities
 
15,472

 
8,459

 
 
$
17,415

 
$
9,241
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 loss and in earnings were as follows (in thousands):
 
 
Three Months Ended March 31,
 
 
2020
 
2019
Beginning balance
 
$
9,238

 
$
3,548

Loss recognized in other comprehensive loss
 
8,356

 
2,130

Amounts reclassified from other comprehensive loss to earnings
 
(142
)
 
61

Net loss recognized in other comprehensive loss
 
8,214

 
2,191

Gain recognized in earnings
 
(37
)
 
(47
)
Ending balance
 
$
17,415

 
$
5,692