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(Loss) Earnings Per Share and Equity (Tables)
6 Months Ended
Jun. 30, 2020
Earnings Per Share [Abstract]  
Schedule of basic and diluted loss per share
The following table presents (loss) earnings per share (in thousands, except share and per share amounts):
 
Three Months Ended June 30,
 
2020
 
2019
 
Basic and Diluted Weighted-Average
Shares Outstanding
 
Allocation of Net Loss
 
Basic and Diluted Loss Per Share 
 
Basic and Diluted Weighted-Average
Shares Outstanding
 
Allocation of Net Income
 
Basic and Diluted Earnings Per Share 
Class A common stock
118,482,095

 
$
(922
)
 
$
(0.01
)
 
116,210,773

 
$
2,442

 
$
0.02

Class C common stock
32,493,253

 
(269
)
 
(0.01
)
 
32,058,663

 
636

 
0.02

Net (loss) income attributable to CPA:18 – Global
 
 
$
(1,191
)
 
 
 
 
 
$
3,078

 
 


 
Six Months Ended June 30,
 
2020
 
2019
 
Basic and Diluted Weighted-Average
Shares Outstanding
 
Allocation of Net Loss
 
Basic and Diluted Loss Per Share 
 
Basic and Diluted Weighted-Average
Shares Outstanding
 
Allocation of Net Income
 
Basic and Diluted Earnings Per Share 
Class A common stock
118,225,178

 
$
(7,321
)
 
$
(0.06
)
 
115,855,895

 
$
14,095

 
$
0.12

Class C common stock
32,469,447

 
(2,050
)
 
(0.06
)
 
31,969,341

 
3,810

 
0.12

Net (loss) income attributable to CPA:18 – Global
 
 
$
(9,371
)
 
 
 
 
 
$
17,905

 
 

Reclassification out of accumulated other comprehensive income
The following tables present a reconciliation of changes in Accumulated other comprehensive loss by component for the periods presented (in thousands):
 
Three Months Ended June 30, 2020
 
Gains and (Losses) on Derivative Instruments
 
Foreign Currency Translation Adjustments
 
Total
Beginning balance
$
(1,685
)
 
$
(78,227
)
 
$
(79,912
)
Other comprehensive income before reclassifications
(899
)
 
12,306

 
11,407

Amounts reclassified from accumulated other comprehensive loss to:
 
 
 
 
 
Other gains and (losses)
(499
)
 

 
(499
)
Interest expense
454

 

 
454

Net current-period other comprehensive income
(944
)
 
12,306

 
11,362

Net current-period other comprehensive income attributable to noncontrolling interests

 
(1,396
)
 
(1,396
)
Ending balance
$
(2,629
)
 
$
(67,317
)
 
$
(69,946
)

 
Three Months Ended June 30, 2019
 
Gains and (Losses) on Derivative Instruments
 
Foreign Currency Translation Adjustments
 
Total
Beginning balance
$
1,977

 
$
(56,892
)
 
$
(54,915
)
Other comprehensive income before reclassifications
(1,575
)
 
3,658

 
2,083

Amounts reclassified from accumulated other comprehensive loss to:
 
 
 
 
 
Other gains and (losses)
(377
)
 

 
(377
)
Interest expense
(19
)
 

 
(19
)
Net current-period other comprehensive income
(1,971
)
 
3,658

 
1,687

Net current-period other comprehensive income attributable to noncontrolling interests

 
(331
)
 
(331
)
Ending balance
$
6

 
$
(53,565
)
 
$
(53,559
)

 
Six Months Ended June 30, 2020
 
Gains and (Losses) on Derivative Instruments
 
Foreign Currency Translation Adjustments
 
Total
Beginning balance
$
138

 
$
(56,673
)
 
$
(56,535
)
Other comprehensive loss before reclassifications
(2,520
)
 
(11,776
)
 
(14,296
)
Amounts reclassified from accumulated other comprehensive loss to:
 
 
 
 
 
Other gains and (losses)
(897
)
 

 
(897
)
Interest expense
650

 

 
650

Net current-period other comprehensive loss
(2,767
)
 
(11,776
)
 
(14,543
)
Net current-period other comprehensive loss attributable to noncontrolling interests

 
1,132

 
1,132

Ending balance
$
(2,629
)
 
$
(67,317
)
 
$
(69,946
)

 
Six Months Ended June 30, 2019
 
Gains and (Losses) on Derivative Instruments
 
Foreign Currency Translation Adjustments
 
Total
Beginning balance
$
2,215

 
$
(52,808
)
 
$
(50,593
)
Other comprehensive loss before reclassifications
(1,432
)
 
(584
)
 
(2,016
)
Amounts reclassified from accumulated other comprehensive loss to:
 
 
 
 
 
Other gains and (losses)
(734
)
 

 
(734
)
Interest expense
(43
)
 

 
(43
)
Net current-period other comprehensive loss
(2,209
)
 
(584
)
 
(2,793
)
Net current-period other comprehensive income attributable to noncontrolling interests

 
(173
)
 
(173
)
Ending balance
$
6

 
$
(53,565
)
 
$
(53,559
)