Derivatives and Hedging (Tables)

9 Months Ended

Sep. 30, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The table below presents the fair value of our derivative financial instruments as well as their classification on the Balance Sheet as ofSeptember 30, 2019 and December 31, 2018 (in thousands):

Derivative Type	Classification	September 30, 2019		December 31, 2018
Assets:
Interest rate cap agreement	Other Assets	$	6	$	1,253

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)

The table below presents the effect of cash flow hedge accounting on AOCI as of September 30, 2019 and December 31, 2018 (in thousands):

	September 30, 2019		December 31, 2018
Amount Recognized in OCI on Derivative:
Interest rate cap agreement	$	651	$	456

Derivative Instruments, Gain (Loss)

The table below presents the effect of our derivative financial instruments on the Consolidated Statements of Operations and Comprehensive Income for the three and nine months ended September 30, 2019 and 2018 (in thousands):

	Location and Amount of Gain or (Loss) Recognized in Income on Cash Flow Hedging Relationships
	Three Months Ended September 30,					Nine Months Ended September 30,
	2019			2018		2019			2018
Interest expense	$	(250	)	$	—	$	(588	)	$	—