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Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Fair Value of Derivatives Instruments
The reported fair values of our derivatives, which are classified in Derivative instruments on our Consolidated Balance Sheets, were as follows:
December 31, 2021December 31, 2020
Derivatives not designated as hedging instruments:
Current liabilities:
Cross currency swaps$— $17,680 
  Long-term liabilities:
Cross currency swaps— 8,144 
Total derivative instrument assets$— $— 
Total derivative instrument liabilities$— $25,824 
Summary of Unrealized Gain (Loss) Recorded In And Reclassified From Accumulated Comprehensive Income (Loss)
The table below shows the total recorded unrealized (loss) gain in Comprehensive income for the derivatives designated as hedging instruments. The impact of these derivative instruments on Comprehensive income, Interest expense and AOCI for the years ended December 31, 2021, 2020 and 2019 were as follows:
(Loss) Gain Recognized in Comprehensive Income (Effective Portion) Income Statement LocationGain Reclassified
from AOCI to Income
(Effective Portion)
Total Consolidated Interest Expense
202120202019202120202019202120202019
Cash flow hedge
Interest rate swaps$— $— $(11,818) Interest expense$— $— $11,818 
Net investment hedge
Cross currency swaps— — 3,868 N/A— — — 
Total$— $— $(7,950)$— $— $11,818 $(46,275)$(100,894)$(125,042)
Components of The Reported Gain (Loss) on Derivatives Not Designated As Hedging Instruments
Components of the reported Gain (loss) on derivatives not designated as hedging instruments in the Consolidated Statements of Operations were as follows:
For the years ended December 31,202120202019
Cross currency and interest rate swaps
Unrealized gain (loss)$25,824 $(25,354)$4,022 
Realized (loss) gain(50,341)(626)4,278 
(Loss) gain on derivatives, net$(24,517)$(25,980)$8,300