DERIVATIVE INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of aggregate notional amount and estimated net fair value of the derivative instruments

The table below summarizes the aggregate notional amount and estimated net fair value of the derivative instruments as of March 31, 2016 and December 31, 2015 (amounts in thousands):

	As of March 31, 2016						As of December 31, 2015
	Notional			Estimated Fair Value			Notional			Estimated Fair Value
Free-Standing Derivatives:
Interest rate swaps	$	281,333		$	(53,229	)	$	297,667		$	(41,743	)
Foreign exchange forward contracts and options	(383,238		)	19,332			(375,524		)	38,608
Options	—			498			—			95
Total				$	(33,399	)				$	(3,040	)

Schedule of net realized and unrealized gain (loss) on derivatives and foreign exchange

The following table presents the amounts recorded in net realized and unrealized gain (loss) on derivatives and foreign exchange on the condensed consolidated statements of operations (amounts in thousands):

	Three months ended March 31, 2016								Three months ended March 31, 2015
	Realized gains (losses)		Unrealized gains (losses)			Total			Realized gains (losses)			Unrealized gains (losses)			Total
Interest rate swaps	$	—	$	(11,731	)	$	(11,731	)	$	(5,297	)	$	(244	)	$	(5,541	)
Foreign exchange forward contracts and options(1)	11,212		(10,242		)	970			15			(594		)	(579		)
Common stock warrants	142		—			142			—			(1,891		)	(1,891		)
Total rate of return swaps	—		—			—			(165		)	(21		)	(186		)
Options	—		403			403			—			(903		)	(903		)
Net realized and unrealized gains (losses)	$	11,354	$	(21,570	)	$	(10,216	)	$	(5,447	)	$	(3,653	)	$	(9,100	)

(1) Net of foreign exchange remeasurement gain or loss on foreign denominated assets.