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Shareholders' Equity
3 Months Ended
Mar. 31, 2020
Stockholders' Equity Note [Abstract]  
Shareholders' Equity
Note 9 — Shareholders’ Equity
 
The components of accumulated other comprehensive loss (“accumulated OCI”) are as follows (in thousands):
 
March 31,
2020
 
December 31,
2019
 
 
 
 
Cumulative foreign currency translation adjustment
$
(98,042
)
 
$
(64,455
)
Net unrealized loss on hedges, net of tax (1)
(20
)
 
(285
)
Accumulated OCI
$
(98,062
)
 
$
(64,740
)
(1)
Relates to foreign currency hedges for the Grand Canyon III charter as well as interest rate hedge contracts for the Nordea Q5000 Loan (Note 19).