DERIVATIVE AND HEDGING INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional Amounts of Derivative Instruments

The following presents the notional amount of derivatives instruments as of the dates indicated (in thousands):    

	December 31, 2017		December 31, 2016
Derivatives designated as cash flow hedges:
Denominated in U.S. Dollars	$	845,000	$	245,000
Denominated in Canadian Dollars	$	125,000	$	125,000
Derivatives designated as net investment hedges:
Denominated in Canadian Dollars	$	56,300	$	56,300
Financial instrument designated as net investment hedge:
Denominated in Canadian Dollars	$	125,000	$	125,000

Summary of Derivative and Financial Instruments Designated as Hedging Instruments

The following is a summary of the derivative and financial instruments designated as hedging instruments held by the Company at December 31, 2017 and 2016 (dollars in thousands):    

		Count as of December 31, 2017	Fair Value				Maturity Dates
			December 31,
Type	Designation		2017		2016			Balance Sheet Location
Assets:
Interest rate swap	Cash Flow	12	$	25,221	$	8,083	2020 - 2023	Accounts receivable, prepaid expenses and other assets, net
Cross currency interest rate swaps	Net Investment	2	674		3,157		2025	Accounts receivable, prepaid expenses and other assets, net
			$	25,895	$	11,240
Liabilities:
Interest rate swap	Cash Flow	—	$	—	$	716	2020	Accounts payable and accrued liabilities
CAD term loan	Net Investment	1	99,588		93,000		2022	Term loans, net
			$	99,588	$	93,716

Effect of Derivatives and Financial Instruments Designated as Hedging Instruments on Income and Equity

The following presents the effect of the Company’s derivative and financial instruments designated as hedging instruments on the consolidated statements of income and the consolidated statements of equity for years ended December 31, 2017, 2016 and 2015:

	Gain (Loss) Recognized in Other Comprehensive Income (Effective Portion)									Gain (Loss) Reclassified from Accumulated Other Comprehensive Income Into Income (Effective Portion)									Income Statement Location
	For the year ended December 31,
	2017			2016			2015			2017			2016			2015
Cash Flow Hedges:
Interest rate products	$	10,807		$	5,879		$	(4,764	)	$	(2,174	)	$	(1,360	)	$	(319	)	Interest expense
Net Investment Hedges:
Foreign currency products	(2,378		)	(2,085		)	5,476			—			—			—			N/A
CAD term loan	(6,588		)	(3,750		)	(8,352		)	—			—			—			N/A
	$	1,841		$	44		$	(7,640	)	$	(2,174	)	$	(1,360	)	$	(319	)

Gross Presentation, Effects of Offsetting, and a Net Presentation of Derivatives, Assets

The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company’s derivatives as of December 31, 2017 and 2016 (in thousands):

	As of December 31, 2017
							Gross Amounts Not Offset in the Balance Sheet
	Gross Amounts of Recognized Assets / Liabilities		Gross Amounts Offset in the Balance Sheet		Net Amounts of Assets / Liabilities presented in the Balance Sheet		Financial Instruments		Cash Collateral Received		Net Amount
Offsetting Assets:
Derivatives	$	25,895	$	—	$	25,895	$	—	$	—	$	25,895
Offsetting Liabilities:
Derivatives	$	—	$	—	$	—	$	—	$	—	$	—

	As of December 31, 2016
							Gross Amounts Not Offset in the Balance Sheet
	Gross Amounts of Recognized Assets / Liabilities		Gross Amounts Offset in the Balance Sheet		Net Amounts of Assets / Liabilities presented in the Balance Sheet		Financial Instruments			Cash Collateral Received		Net Amount
Offsetting Assets:
Derivatives	$	11,240	$	—	$	11,240	$	(716	)	$	—	$	10,524
Offsetting Liabilities:
Derivatives	$	716	$	—	$	716	$	(716	)	$	—	$	—

Gross Presentation, Effects of Offsetting, and a Net Presentation of Derivatives, Liabilities

The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company’s derivatives as of December 31, 2017 and 2016 (in thousands):

	As of December 31, 2017
							Gross Amounts Not Offset in the Balance Sheet
	Gross Amounts of Recognized Assets / Liabilities		Gross Amounts Offset in the Balance Sheet		Net Amounts of Assets / Liabilities presented in the Balance Sheet		Financial Instruments		Cash Collateral Received		Net Amount
Offsetting Assets:
Derivatives	$	25,895	$	—	$	25,895	$	—	$	—	$	25,895
Offsetting Liabilities:
Derivatives	$	—	$	—	$	—	$	—	$	—	$	—

	As of December 31, 2016
							Gross Amounts Not Offset in the Balance Sheet
	Gross Amounts of Recognized Assets / Liabilities		Gross Amounts Offset in the Balance Sheet		Net Amounts of Assets / Liabilities presented in the Balance Sheet		Financial Instruments			Cash Collateral Received		Net Amount
Offsetting Assets:
Derivatives	$	11,240	$	—	$	11,240	$	(716	)	$	—	$	10,524
Offsetting Liabilities:
Derivatives	$	716	$	—	$	716	$	(716	)	$	—	$	—