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Accumulated Other Comprehensive Income
 3 Months Ended
Mar. 31, 2021
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income Accumulated Other Comprehensive Income
The following table summarizes the changes in accumulated other comprehensive income by component for the Company and the Operating Partnership for the three months ended March 31, 2021:
Derivative InstrumentsAccumulated Other Comprehensive Loss of the Operating PartnershipComprehensive Loss Attributable to Noncontrolling Interest of the CompanyAccumulated Other Comprehensive Loss of the Company
Balance as of December 31, 2020$(17,308)$(17,308)$355 $(16,953)
Other Comprehensive Gain Before Reclassifications4,956 4,956 (114)4,842 
Amounts Reclassified from Accumulated Other Comprehensive Loss1,799 1,799 — 1,799 
Net Current Period Other Comprehensive Gain6,755 6,755 (114)6,641 
Balance as of March 31, 2021$(10,553)$(10,553)$241 $(10,312)
The following table summarizes the reclassifications out of accumulated other comprehensive income for both the Company and the Operating Partnership for the three months ended March 31, 2021 and 2020:
Amounts Reclassified from Accumulated
Other Comprehensive Loss (Income)
Details about Accumulated
Other Comprehensive Income Components		Three Months Ended March 31, 2021Three Months Ended March 31, 2020Affected Line Items in the Consolidated Statements of Operations
Derivative Instruments:
Amortization of Previously Settled Derivative Instruments
$102 $102 Interest Expense
Net Settlement Payments to our Counterparties1,697 382 Interest Expense
Total$1,799 $484 
The changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in other comprehensive income and is subsequently reclassified to earnings through interest expense over the life of the derivative or over the life of the debt. In the next 12 months, we expect to amortize approximately $410 into net income by increasing interest expense for derivative instruments we settled in previous periods. Additionally, recurring settlement amounts on the 2015 Swaps and the 2021 Swaps (as defined in Note 10) will also be reclassified to net income.