Derivative and Hedging (Tables)

6 Months Ended

Jun. 30, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Financial Instrument as Well as its Classification on the Consolidated Balance Sheet

The table below presents the fair value of the Company’s derivative financial instruments as well as its classification on the consolidated balance sheet:

(in thousands)	June 30, 2018		December 31, 2017
Balance Sheet Location of Derivative Financial Instruments:
Prepaid expenses and other	$	4,577	$	2,411
Deferred charges and other assets, net	13,925		10,776
Total derivatives designated as hedging instruments	$	18,502	$	13,187

Schedule of Accumulated Other Comprehensive Income (Loss)

The table below summarizes changes in accumulated other comprehensive income (loss) by component:

	Six months ended June 30, 2018
(in thousands)	Gains (Losses) on Cash Flow Hedges		Income Tax (Expense) Benefit			Accumulated Other Comprehensive Income (Loss), net of taxes
Balance as of December 31, 2017	$	13,187	$	(4,957	)	$	8,230
Net change in unrealized gain (loss)	5,315		(1,420		)	3,895
Net current period other comprehensive income (loss)	5,315		(1,420		)	3,895
Balance as of June 30, 2018	$	18,502	$	(6,377	)	$	12,125