Derivative and Hedging (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

They were presented as follows:

(in thousands)	March 31, 2020		December 31, 2019
Balance sheet location of derivative financial instruments:
Prepaid expenses and other	$	—	$	1,382
Deferred charges and other assets, net	—		1,252
Accrued liabilities and other	2,731		—
Other liabilities	2,769		—
Total derivatives designated as hedging instruments	$	5,500	$	2,634

Schedule of Accumulated Other Comprehensive Income (Loss)

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

(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, 2019	$	2,634		$	(2,326	)	$	308
Net change in unrealized gain (loss)	(7,706		)	1,921			(5,785		)
Amounts reclassified from accumulated other comprehensive income (loss) to interest expense	(428		)	107			(321		)
Net current period other comprehensive income (loss)	(8,134		)	2,028			(6,106		)
Balance as of March 31, 2020	$	(5,500	)	$	(298	)	$	(5,798	)