Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2020

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 at December 31,
(in thousands)								Assets (Liabilities)⁽¹⁾
Effective Date	Maturity Date	Notional Amount		Bank Pays Variable Rate of	Regency Pays Fixed Rate of			2020			2019
8/1/16	1/5/22⁽²⁾	$	265,000	1 Month LIBOR with Floor		1.053	%	$	(2,472	)		2,674
4/7/16	4/1/23		19,405	1 Month LIBOR		1.303	%		(494	)		148
12/1/16	11/1/23		32,369	1 Month LIBOR		1.490	%		(1,181	)		84
9/17/19	3/17/25		24,000	1 Month LIBOR		1.542	%		(1,288	)		81
6/2/17	6/2/27		36,592	1 Month LIBOR with Floor		2.366	%		(3,856	)		(1,515	)
Total derivative financial instruments								$	(9,291	)		1,472

⁽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⁾	In January 2021, the Company early settled the $265 million interest rate swap in connection with its repayment of the Term Loan.

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
	Year ended December 31,									Year ended December 31,							Year ended December 31,
(in thousands)	2020			2019			2018			2020		2019		2018			2020		2019		2018
Interest rate swaps	$	(19,187	)		(15,585	)		402	Interest expense, net	$	8,790		3,269		5,342	Interest expense, net	$	156,678		151,264		148,456
									Early extinguishment of debt⁽¹⁾	$	2,472		—		—	Early extinguishment of debt	$	21,837		11,982		11,172

⁽¹⁾	At December 31, 2020, based on intent to repay the Term Loan in January 2021, the Company recognized the Accumulated other comprehensive loss for the Term Loan swap in earnings within Early extinguishment of debt.