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

9 Months Ended

Sep. 30, 2019

Derivative Contracts

Schedule of fair value of derivative instruments

($ in thousands)
Instrument	Balance sheet location		Fair Value
Interest rate swap	Derivative liability	$	1,815
	Other Comprehensive Income		(1,815)

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

($ in thousands)
Cash flow hedging relationships	Amount of Gain / (Loss) recognized in OCI on derivative	Location of Gain (Loss) reclassified from Accumulated OCI into income
Interest rate contracts	25	Interest expense

Schedule of movement in other comprehensive income

($ in thousands)		September 30, 2019		December 31, 2018
Beginning accumulated derivative instrument gain or loss	$	(865)	$	—
Net change associated with current period hedging transactions		(950)		(865)
Net amount of reclassification into earnings		—		—
Difference between a change in fair value of excluded components		—		—
Closing accumulated derivative instrument gain or loss	$	(1,815)	$	(865)