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Derivative and Hedging Activities (Tables)
3 Months Ended
Mar. 31, 2020
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Summary of Amounts Recorded in AOCL

The following table provides information about the amounts recorded in AOCL, as well as the loss recorded in operations, when reclassified out of AOCL or recognized in earnings immediately, for the three months ended March 31, 2020 (in thousands):

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

March 31, 2020

 

 

March 31, 2019

 

Gross amount of loss recognized in AOCL on derivatives

 

$

 

 

$

(5,229

)

Amount of loss reclassified from AOCL to termination of interest rate swaps

 

 

 

 

 

208

 

Amount of loss reclassified from AOCL to interest (1)

 

 

702

 

 

 

 

Net reclassification of amounts from (to) AOCL

 

$

702

 

 

$

(5,021

)

(1)

Interest expense for the three months ended March 31, 2020 was $25.4 million.