Derivatives (Tables)

9 Months Ended

Sep. 30, 2019

Derivative Instruments And Hedging Activities Disclosure [Abstract]

The following table summarizes the terms and fair values of the Company's derivative financial instruments, as well as their classification on the Consolidated Balance Sheets:

							Fair Value
(in thousands)							Assets (Liabilities) ⁽¹⁾
Effective Date	Maturity Date	Notional Amount		Counterparty Pays Variable Rate of	Regency Pays Fixed Rate of		September 30, 2019			December 31, 2018
12/6/18	6/28/19	$	250,000	30 year U.S. Treasury	3.147%	⁽²⁾	$	—			(5,491	)
4/3/17	12/2/20		300,000	1 Month LIBOR with Floor	1.824%	⁽³⁾		—			3,759
8/1/16	1/5/22		265,000	1 Month LIBOR with Floor	1.053%			2,581			10,838
4/7/16	4/1/23		19,855	1 Month LIBOR	1.303%			61			880
12/1/16	11/1/23		33,000	1 Month LIBOR	1.490%			(137	)		1,376
9/17/19	3/17/25		24,000	1 Month LIBOR	1.542%			(206	)		—
6/2/17	6/2/27		37,309	1 Month LIBOR with Floor	2.366%			(2,151	)		629
							$	148			11,991

⁽¹⁾ Derivatives in an asset position are included within Other assets in the accompanying Consolidated Balance Sheets, while those in a liability position are included within Accounts payable and other liabilities.

⁽²⁾ On March 7, 2019, the Company settled its 30 year Treasury rate lock in connection with its issuance of the $300 million 4.65% unsecured notes due March 2049 for $5.7 million, which is included in the balance of Accumulated other comprehensive income (loss) ("AOCI") and will be reclassified to earnings over the 30 year term of the hedged transaction.

⁽³⁾ On August 14, 2019, the Company paid an interest rate swap breakage fee of approximately $1.1 million to settle its interest rate swap in connection with the repayment in full of its $300 million term loan that was due to mature in December 2020. This breakage fee is included in Early extinguishment of debt in the accompanying Consolidated Statements of Operations.

Derivative Instruments, Gain (Loss)

The following table represents the effect of the derivative financial instruments on the accompanying consolidated financial statements:

Location and Amount of Gain (Loss) Recognized in OCI on Derivative						Location and Amount of Gain (Loss) Reclassified from AOCI into Income					Total amounts presented in the Consolidated Statements of Operations in which the effects of cash flow hedges are recorded
	Three months ended September 30,						Three months ended September 30,					Three months ended September 30,
(in thousands)	2019			2018			2019		2018			2019		2018
Interest rate swaps	$	(3,851	)		2,717	Interest expense	$	1,677		1,148	Interest expense, net	$	38,253		36,618

	Nine months ended September 30,						Nine months ended September 30,					Nine months ended September 30,
(in thousands)	2019			2018			2019		2018			2019		2018
Interest rate swaps	$	(18,567	)		16,511	Interest expense	$	2,085		4,701	Interest expense, net	$	113,178		111,477