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Derivative Instruments (Tables)
 6 Months Ended
Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Outstanding Derivative Instruments
As of June 30, 2016, the Company had the following outstanding derivatives that were not designated as hedges under qualifying hedging relationships (notional amounts in thousands):
Foreign Currency Derivative
Number of Instruments
Notional Amount Sold
Notional Amount Purchased
Maturity Date
Currency forward contracts
4
GBP 357,299
USD 518,469
12/15/2017
Currency forward contracts
4
USD 476,781
GBP 357,299
7/1/2016
As of June 30, 2016 and December 31, 2015, we had the following outstanding interest rate derivatives that were designated as effective cash flow hedges of interest rate risk (in thousands):
 
Notional Amount
 
 
 
 
 
 
 
 
 
Fair Value at Significant Other
Observable Inputs (Level 2)
As of
June 30,
2016
 
As of
December 31,
2015
 
Type of
Derivative
 
Strike
Rate
 
Effective Date
 
Expiration Date
 
As of
June 30,
2016
 
As of
December 31,
2015
Currently-paying contracts
 
 
 
 
 
 
 
 
 
 
$
206,000

(1) 
$
206,000

(1) 
Swap
 
0.932

 
Jun 18, 2012
 
Apr 18, 2017
 
$
(752
)
 
$
(416
)
54,905

(1) 
54,905

(1) 
Swap
 
0.670

 
Aug 6, 2012
 
Apr 6, 2017
 
(81
)
 
69

—


75,000

(1) 
Swap
 
0.500

 
Aug 6, 2012
 
Apr 6, 2016
 
—

 
(10
)
75,000

(1) 
—

 
Swap
 
1.016

 
Apr 6, 2016
 
Jan 6, 2021
 
(743
)
 
—

75,000

(1) 
—

 
Swap
 
1.164

 
Jan 15, 2016
 
Jan 15, 2021
 
(1,235
)
 
—

300,000

(2) 
—

 
Swap
 
1.435

 
Jan 15, 2016
 
Jan 15, 2023
 
(8,386
)
 
—

140,666

(3) 
133,579

(3) 
Swap
 
0.925

 
Jul 17, 2012
 
Apr 18, 2017
 
49

 
1,500

225,588

(4) 
—

 
Swap
 
0.792

 
Jan 15, 2016
 
Jan 15, 2019
 
(3,277
)
 
—

76,209

(5) 
—

 
Swap
 
0.779

 
Jan 15, 2016
 
Jan 15, 2021
 
303

 
—

$
1,153,368

 
$
469,484

 
 
 
 
 
 
 
 
 
$
(14,122
)
 
$
1,143

 
(1)
Represents portions of the U.S. dollar tranche of the 5-Year Term Loan.
(2)
Represents the U.S. dollar tranche of the 7-Year Term Loan.
(3)
Represents a portion of the Singapore dollar tranche of the 5-Year Term Loan. Translation to U.S. dollars is based on exchange rate of $0.74 to 1.00 SGD as of June 30, 2016 and $0.70 to 1.00 SGD as of December 31, 2015.
(4)
Represents the British pound sterling tranche of the 5-Year Term Loan. Translation to U.S. dollars is based on exchange rate of $1.33 to £1.00 as of June 30, 2016.
(5)
Represents the Canadian dollar tranche of the 5-Year Term Loan. Translation to U.S. dollars is based on exchange rate of $0.77 to 1.00 CAD as of June 30, 2016.