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Derivative and Hedging (Tables)
3 Months Ended
Mar. 31, 2019
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 their classification in the condensed consolidated balance sheet. The fair value of these instruments was estimated using an income approach and observable market inputs:
(in thousands)
 
March 31,
2019
 
December 31,
2018
Balance sheet location of derivative financial instruments:
 
 
 
 
Prepaid expenses and other
 
$
4,054

 
$
4,930

Deferred charges and other assets, net
 
5,565

 
8,323

Total derivatives designated as hedging instruments
 
$
9,619

 
$
13,253

Schedule of Accumulated Other Comprehensive Income (Loss) The table below summarizes changes in accumulated other comprehensive income (loss) by component:
 
Three Months Ended March 31, 2019
(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, 2018
$
13,253

 
$
(4,973
)
 
$
8,280

Net change in unrealized gain (loss)
(2,386
)
 
595

 
(1,791
)
Amounts reclassified from accumulated other comprehensive income to interest expense
(1,248
)
 
311

 
(937
)
Net current period other comprehensive income (loss)
(3,634
)
 
906

 
(2,728
)
Balance as of March 31, 2019
$
9,619

 
$
(4,067
)
 
$
5,552