Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2021

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Fair Value of Interest Rate Related Derivative Financial Instruments and Their Classification on Our Condensed Consolidated Balance Sheets

The table below sets forth the fair value of the Company’s interest rate related derivative financial instruments as well as their classification on our condensed consolidated balance sheets as of March 31, 2021 and December 31, 2020:

	Other Current Liabilities
	2021		2020
Interest rate swaps and collars	$	1,130	$	1,626

Summary of Effect of Derivative Financial Instruments on Our Condensed Consolidated Statements of Operations

The tables below set forth the effect of the Company’s derivative financial instruments on our condensed consolidated statements of income for the three months ended March 31, 2021 and 2020:

	Amount of Gain or (Loss) Recognized in OCI on Derivative						Location of Gain or (Loss) Reclassified from Accumulated OCI into Income	Amount of Gain or (Loss) Reclassified from Accumulated OCI into Net Income						Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion  Excluded from Effectiveness Testing)	Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
Derivative Instruments Designated as Hedging Instruments
	March 31,							March 31,							March 31,
	2021			2020				2021			2020				2021		2020
Three Months Ended
Interest rate swaps and collars	$	(5	)	$	(1,390	)	Interest expense	$	(161	)	$	(71	)	N/A	$	-	$	-
Cross currency swaps	$	3,163		$	-		N/A	$	-		$	-		Interest income	$	610	$	-

	Amount of Gain or (Loss) Recognized in Net Income						Location of Gain or (Loss) Recognized in Net Income
Derivative Instruments Not Designated as Hedging Instruments
	March 31,
	2021			2020
Three Months Ended
Foreign currency forward contracts	$	(2,806	)	$	(2,147	)	Foreign currency loss, net