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Derivatives (Tables)
12 Months Ended
Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule Summarizing Terms of Entity's Derivative Financial Instruments
The following table summarizes the terms of the Company’s 24 derivative financial instruments, which have a total combined notional amount of $2,354,609 as of December 31, 2019:
 
Hedge Product
  
Range of Notional Amounts
  
Strike
  
Effective Dates
  
Maturity Dates
Swap Agreements
  
$30,943 - $267,431
  
1.13% - 4.60%
  
1/1/2014 - 7/29/2019
  
9/14/2020 - 6/29/2026

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 consolidated balance sheets:
 
Asset / Liability Derivatives
 
December 31, 2019
 
December 31, 2018
Derivatives designated as hedging instruments:
Fair Value
Other assets
$
6,214

 
$
42,324

Other liabilities
$
31,400

 
$
2,131


Schedule of Information Relating to Gain (Loss) Recognized on Swap Agreements
The tables below present the effect of the Company’s derivative financial instruments on the 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 Year Ended December 31,
 
Location of amounts reclassified from OCI into income
 
Gain (loss) reclassified from OCI For the Year Ended December 31,
Type
 
2019
 
2018
 
2019
 
2018
 
2017
Swap Agreements
 
$
(54,680
)
 
$
9,889

 
Interest expense
 
$
12,322

 
$
8,258

 
$
(8,853
)