Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2018

Derivative Instrument Detail [Abstract]

Fair Value of Cash Flow and Fair Value Derivative Instruments

The fair values of our cash flow and fair value derivative instruments on our Consolidated Balance Sheets as of December 31 are as follows: 

		Asset Derivatives					Liability Derivatives
(Dollars in thousands)	Location	2018		2017		Location	2018		2017
Derivatives designated in fair value hedging relationships:
Interest rate contracts	Other assets, current	$	—	$	13		$	—	$	—
Interest rate contracts	Other assets, non-current		—		—	Other long-term obligations		—		—
		$	—	$	13		$	—	$	—
Derivatives designated in cash flow hedging relationships:
Interest rate contracts	Other assets, non-current	$	1,510	$	1,156	Other long-term obligations	$	2,888	$	—

Effect of Derivatives on Consolidated Statements of Income

The following table details the effect of derivatives on our Consolidated Statements of Income:

(Dollars in thousands)	Location	2018			2017			2016
Derivatives designated in fair value hedging relationships:
Interest rate contracts
Realized gain (loss) on interest rate contracts1	Interest expense	$	(191	)	$	413		$	805
Derivatives designated in cash flow hedging relationships:
Interest rate contracts
Gain (loss) recognized in other comprehensive income, net of tax		$	(3,062	)	$	(145	)	$	916
Loss reclassified from accumulated other comprehensive income1	Interest expense	$	(647	)	$	(149	)	$	(215	)
Derivatives not designated as hedging instruments:
Lumber price contracts
Realized gain on lumber price swap	Gain on lumber price swap	$	—		$	1,088		$	—
Interest expense, net		$	35,227		$	27,049		$	28,941

1 Realized gains and losses on interest rate contracts consist of net cash received or paid and interest accruals on the interest rate swaps during the periods. Net cash received or paid is included in the supplemental cash flow information within interest, net of amounts capitalized in the Consolidated Statements of Cash Flows.