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Long Term Debt Activity (Tables)
6 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Summary of Company's Interest Rate Swap Agreements Designated as Cash Flow Hedges

Below is a summary of the Company’s interest rate swap agreements designated as cash flow hedges as of June 30, 2019:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Estimated

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value at

 

Notional

 

 

 

 

 

 

 

 

 

 

 

 

June 30,

 

Amount

 

 

Effective Date

 

Pay Rate

 

 

Receive Rate

 

Expiration Date

 

2019 (1)

 

$

175,000

 

 

December 31, 2018

 

2.75%

 

 

1-Month LIBOR

 

December 31, 2022

 

$

6,679

 

$

137,500

 

 

December 31, 2018

 

2.77%

 

 

1-Month LIBOR

 

December 31, 2022

 

 

5,364

 

$

137,500

 

 

December 31, 2018

 

2.75%

 

 

1-Month LIBOR

 

December 31, 2022

 

 

5,237

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

$

17,280

 

(1)  

Approximately $4,119 of the total is included in accounts payable and accrued expenses and $13,161 is included in other long-term liabilities on the condensed consolidated balance sheet as of June 30, 2019.