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Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2015
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Summarization of Recognized Gains and Losses of Cash Flow Hedges

To supplement the fair value disclosures in Note 17, the following summarizes the recognized gains and losses of cash flow hedges and non-designated derivatives through AOCL or through “other income” for the years ended December 31, 2015 and 2014:

 

 

 

Gain/(loss) recognized

through AOCL

 

 

(Gain)/loss reclassified from

AOCL to “contract

drilling services”

expense

 

 

Gain/(loss) recognized

through “contract

drilling services” expense

 

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

 

2015

 

 

2014

 

Cash flow hedges

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign currency forward contracts

 

$

(2,414

)

 

$

4,286

 

 

$

2,414

 

 

$

(4,286

)

 

$

—

 

 

$

—