DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

6 Months Ended

Jun. 30, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk

As of June 30, 2019, the Company had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk (dollar amounts in thousands):

	Number of		Notional
Interest Rate Derivative	Instruments		Amount
Interest Rate Floors		1	$	100,000

The Effect of Fair Value and Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income

The Effect of Fair Value and Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income

Derivatives in Subtopic	Amount of Gain or (Loss)				Amount of Gain or (Loss)
815-20 Hedging	Recognized in				Reclassified from Accumulated OCI
Relationships	OCI on Derivative				into Income
	Three Months Ended June 30,				Six Months Ended June 30,
Derivatives in Cash Flow Hedging Relationships	2019		2018		2019		2018
Interest Rate Products	$	257	$	—	$	257	$	—
Total	$	257	$	—	$	257	$	—

fair value of the Company's derivative financial instruments

The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the balance sheet as of June 30, 2019 and December 31, 2018 (in thousands):

	Tabular Disclosure of Fair Values of Derivative Instruments
	Derivatives Asset				Derivative Liabilities
			Fair Value as of:
Derivatives Not Designated as Hedging Instruments	June 30, 2019		December 31, 2018		June 30, 2019			December 31, 2018
FX Forward Contracts
Balance Sheet Location	Other Assets		Other Assets		Other Current Liabilities			Other Current Liabilities
Sell AUD/Buy USD Fwd Contract	$	—	$	18	$	—		$	(1	)
Sell CAD/Buy USD Fwd Contract		8		121		(91	)		(4	)
Total	$	8	$	139	$	(91	)	$	(5	)

Effect of Derivative Instruments on the Income Statement

Effect of Derivative Instruments on the Income Statement for Derivatives Not Designated

as Hedging Instruments for the Three and Six Months Ended June 30, 2019 and 2018

		Amount of Gain or (Loss)					Amount of Gain or (Loss)
Derivatives Designated	Location of Gain or (Loss)	Recognized in Income					Recognized in Income
as Hedging Instruments	Recognized in Income	Three Months Ended June 30,					Six Months Ended June 30,
		2019			2018		2019			2018
Swap	Other inc/(exp)	$	1		$	—	$	1		$	—
Total		$	1		$	—	$	1		$	—
		Amount of Gain or (Loss)					Amount of Gain or (Loss)
Derivatives Not Designated	Location of Gain or (Loss)	Recognized in Income					Recognized in Income
as Hedging Instruments	Recognized in Income	Three Months Ended June 30,					Six Months Ended June 30,
		2019			2018		2019			2018
Sell AUD/Buy USD Fwd Contract	Other inc/(exp)	$	4		$	27	$	—		$	38
Sell CAD/Buy USD Fwd Contract	Other inc/(exp)		(71	)		123		(157	)		259
Total		$	(67	)	$	150	$	(157	)	$	297

total fair value classification within the fair value hierarchy for the complete portfolio of derivative transactions

The table below presents the total fair value classification within the fair value hierarchy for the complete portfolio of derivative transactions at June 30, 2019 (in thousands):

	Recurring Fair Value Measurements
	Quoted Prices in Active
	Markets for Identical				Significant Other						Significant Unobservable
	Assets and Liabilities				Observable Inputs						Inputs
	at June 30,				at June 30,						at June 30,				Total Fair Value
	(Level 1)				(Level 2)						(Level 3)				at June 30,
	2019		2018		2019			2018			2019		2018		2019			2018
Assets
Derivative Financial Instruments	$	—	$	—	$	8		$	122		$	—	$	—	$	8		$	122
Liabilities
Derivative Financial Instruments	$	—	$	—	$	(91	)	$	(10	)	$	—	$	—	$	(91	)	$	(10	)