Hedge Accounting (Tables) - Designated as Hedging Instrument - Cash Flow Hedging

6 Months Ended

Jun. 30, 2018

Derivative Instruments and Hedging Activities Disclosures [Line Items]

Schedule of fair value of derivative instruments

($ in thousands)
Instrument	Balance sheet location		Fair Value
Interest rate swap	Derivative liability	$	495
	Other Comprehensive Income		495

Schedule of effect of derivative instruments on the consolidated statement of operations

The effect of derivative instruments on the consolidated statements of operations for the periods ended June 30, 2018 and 2017 is set out below:

($ in thousands)
Cash flow hedging relationships	Amount of Gain / (Loss) recognized in OCI on derivative (effective portion)	Location of Gain (Loss) reclassified from Accumulated OCI into income (effective portion)
Interest rate contracts	(495)	Interest expense

Schedule of movement in other comprehensive income

($ in thousands)		June 30, 2018		December 31, 2017
Beginning accumulated derivative instrument gain or loss	$	—	$	—
Net change associated with current period hedging transactions		495		—
Net amount of reclassification into earnings		—		—
Difference between a change in fair value of excluded components		—		—
Closing accumulated derivative instrument gain or loss	$	495	$	—