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Derivative Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivative instruments designated as hedging instruments The following table presents a summary of the Company’s derivative instruments designated as hedging instruments (dollars in thousands):
Derivative
Instrument		Effective
Date		Maturity
Date		Interest
Rate
Strike		Fair ValueNotional Amount
September 30, 2020December 31, 2019September 30, 2020December 31, 2019
Assets:
Interest rate cap12/1/20145/4/20214.0 %$— $— $50,000 $50,000 
Interest rate cap9/1/20152/3/20204.0 %— — — 50,000 
Total$— $— $50,000 $100,000 
Schedule of effects of derivative financial instruments on consolidated statements of operations
The following table presents the effect of the Company’s derivative financial instruments on its accompanying consolidated statements of operations for the three and nine months ended September 30, 2020 and 2019 (dollars in thousands):
For the Three Months Ended September 30,For the Nine Months Ended September 30,
2020201920202019
Interest rate caps in cash flow hedging relationships:
Amount of gain recognized in AOCI on derivatives (effective portion)$— $178 $— $265 
Amount of gain reclassified from AOCI into interest expense (effective portion)$50 $178 $169 $265