Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Outstanding Derivative Instruments

The following table presents a summary of the outstanding derivative instruments:

	As of December 31,
	2019					2018
	Effective Date	Termination Date	Fixed Interest Rate	Aggregate Notional Amount		Effective Date	Termination Date	Fixed Interest Rate	Aggregate Notional Amount
	(in thousands, except interest rates)
AP4	March 2018	July 2020	2.338%	$	99,762	March 2018	July 2020	2.338%	$	102,921
AP6WII			—%	—		April 2019	April 2019 - April 2029	2.402% - 3.254%	72,025
LAPH	November 2018	October 2036	3.409%	43,298		November 2018	October 2036	3.409%	44,205
EZOP	June 2019 - November 2019	July 2029 - March 2030	1.631% - 2.620%	100,083		March 2018 - April 2019	April 2019 - March 2027	1.900% - 3.014%	55,290
TEPIH			—%	—		June 2017 - December 2018	April 2033 - January 2035	2.350% - 3.104%	99,536
TEPIIH	September 2018 - November 2019	July 2031 - October 2041	1.909% - 3.383%	225,845		September 2018 - December 2018	July 2031 - October 2041	2.995% - 3.383%	54,675
TEPH	September 2019 - January 2023	January 2023 - July 2034	1.620% - 1.928%	55,115				—%	—
Total				$	524,103				$	428,652

Fair Value of Interest Rate Swaps

The following table presents the fair value of the interest rate swaps as recorded in the consolidated balance sheets:

	As of December 31,
	2019			2018
	(in thousands)
Other assets	$	360		$	270
Other current liabilities	(397		)	—
Other long-term liabilities	(27,092		)	(8,161		)
Total, net	$	(27,129	)	$	(7,891	)

The following table presents the impact of the interest rate swaps and swaptions as recorded in the consolidated statements of operations:

	Year Ended   December 31,
	2019		2018			2017
	(in thousands)
Realized (gain) loss	$	13,195	$	(17,004	)	$	3,295
Unrealized loss	19,237		6,100			5,944
Total	$	32,432	$	(10,904	)	$	9,239