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Derivatives (Tables)
6 Months Ended
Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of balance sheet classification and fair value of entity's derivative financial instruments
The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the condensed consolidated balance sheets:
 
Asset / Liability Derivatives
 
June 30, 2019
 
December 31, 2018
Derivatives designated as hedging instruments:
Fair Value
Other assets
$
7,300

 
$
42,324

Other liabilities
$
30,894

 
$
2,131


Schedule of information relating to gain (loss) recognized on swap agreements
The table below presents the effect of the Company’s derivative financial instruments on the condensed consolidated statements of operations for the periods presented. No tax effect has been presented as the derivative instruments are held by the Company:
 
Gain (loss) recognized in OCI For the Three Months Ended June 30,
 
Location of amounts reclassified from OCI into income
 
Gain (loss) reclassified from OCI For the Three Months Ended June 30,
Type
2019
 
2018
 
2019
 
2018
Swap Agreements
$
(36,294
)
 
$
9,967

 
Interest Expense
 
$
4,338

 
$
1,883



 
Gain (loss) recognized in OCI For the Six Months Ended June 30,
 
Location of amounts reclassified from OCI into income
 
Gain reclassified from OCI For the Six Months Ended June 30,
Type
2019
 
2018
 
2019
 
2018
Swap Agreements
$
(55,870
)
 
$
33,285

 
Interest expense
 
$
8,799

 
$
2,124