Derivatives and hedging activities (Tables)

12 Months Ended

Dec. 31, 2018

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, 2018 and 2017, 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:

	2018		2017
December 31,	$’000		$’000
Interest rate swaps	€	89,500	€	89,500
Interest rate swaps	$	280,000	$	243,000
Interest rate caps	$	48,000	$	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, 2018 and 2017:

		Fair value as of		Fair value as of
		December 31, 2018		December 31, 2017
	Balance sheet location	$’000		$’000
Derivatives designated in a cash flow hedging relationship:
Interest rate derivatives	Other assets	2,112		1,776
Interest rate derivatives	Other receivables	1,340		—
Interest rate derivatives	Accrued liabilities	(439	)	(858	)
Interest rate derivatives	Other liabilities	(1,258	)	—
Other derivative instruments
Contractual liabilities	Accrued liabilities	(12,200	)	—
Contractual liabilities	Other liabilities	(800	)	—
Total		(11,245	)	918

Schedule of offsetting derivative assets and liabilities

	December 31, 2018
	Gross amounts presented in the consolidated balance sheet		Gross amounts not offset in the consolidated balance sheet subject to netting agreements		Net amounts
	$'000		$’000		$’000
Total asset derivatives	3,258		(618	)	2,640
Total liability derivatives	(1,514	)	618		(896	)
	December 31, 2017
	Gross amounts presented in the consolidated balance sheet		Gross amounts not offset in the consolidated balance sheet subject to netting agreements		Net amounts
	$'000		$’000		$’000
Total asset derivatives	1,365		(232	)	1,133
Total liability derivatives	(423	)	232		(191	)