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Derivatives and hedging activities (Tables)
12 Months Ended
Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of notional amounts of outstanding interest rate derivatives that were designated as cash flow hedges
As of December 31, 2016 and 2015, Belmond had the following outstanding interest rate derivatives stated at their notional amounts in local currency that were designated as cash flow hedges of interest rate risk:
 
 
2016
 
2015
December 31,
 
’000
 
’000
 
 
 
 
 
Interest rate swaps
 
72,938

 
73,688

Interest rate swaps
 
$
210,756

 
$
212,481

Interest rate caps
 
$
17,200

 
$
17,200

Schedule of fair value of derivative financial instruments
The table below presents the fair value of Belmond’s derivative financial instruments and their classification as of December 31, 2016 and 2015:
 
 
 
 
Fair value as of
 
Fair value as of
 
 
 
 
December 31, 2016
 
December 31, 2015
 
 
Balance sheet location
 
$’000
 
$’000
Derivatives designated in a cash flow hedging relationship:
 
 
 
 

 
 

Interest rate derivatives
 
Other assets
 

 
4

Interest rate derivatives
 
Accrued liabilities
 
(2,310
)
 
(2,731
)
Interest rate derivatives
 
Other liabilities
 
(1,054
)
 
(1,733
)
 
 
 
 
 
 
 
Total
 
 
 
(3,364
)
 
(4,460
)