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Accumulated Other Comprehensive Income (Loss) (Tables)
12 Months Ended
Dec. 31, 2018
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)

The following table details the components of accumulated other comprehensive income (loss) of the Parent Company and the Operating Partnership as of and for the three years ended December 31, 2018 (in thousands):

 

Parent Company

 

Cash Flow Hedges

 

Balance at January 1, 2016

 

$

(5,192

)

Change in fair market value during year

 

 

2,371

 

Allocation of unrealized (gains)/losses on derivative financial instruments to noncontrolling interests

 

 

(28

)

Amortization of interest rate contracts reclassified from comprehensive income to interest expense

 

 

1,104

 

Balance at December 31, 2016

 

$

(1,745

)

Change in fair market value during year

 

 

2,948

 

Allocation of unrealized (gains)/losses on derivative financial instruments to noncontrolling interests

 

 

(34

)

Amortization of interest rate contracts reclassified from comprehensive income to interest expense

 

 

1,230

 

Balance at December 31, 2017

 

$

2,399

 

Change in fair market value during year

 

 

1,478

 

Allocation of unrealized (gains)/losses on derivative financial instruments to noncontrolling interests

 

 

(39

)

Amortization of interest rate contracts reclassified from comprehensive income to interest expense

 

 

1,191

 

Balance at December 31, 2018

 

$

5,029

 

 

 

Operating Partnership

 

Cash Flow Hedges

 

Balance at January 1, 2016

 

$

(5,597

)

Change in fair market value during year

 

 

2,371

 

Amortization of interest rate contracts reclassified from comprehensive income to interest expense

 

 

1,104

 

Balance at December 31, 2016

 

$

(2,122

)

Change in fair market value during year

 

 

2,948

 

Amortization of interest rate contracts reclassified from comprehensive income to interest expense

 

 

1,230

 

Balance at December 31, 2017

 

$

2,056

 

Change in fair market value during year

 

 

1,478

 

Amortization of interest rate contracts reclassified from comprehensive income to interest expense

 

 

1,191

 

Balance at December 31, 2018

 

$

4,725