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

3 Months Ended

Mar. 31, 2020

Derivative Contracts

Schedule of fair value of derivative instruments

($ in thousands)
Instrument	Balance sheet location	Fair Value
Interest rate swap	Derivative liability	$	3,227
	Other Comprehensive Income		(3,227)

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	—	Interest expense

Schedule of movement in other comprehensive income

($ in thousands)		March 31, 2020		March 31, 2019
Beginning accumulated derivative instrument gain or loss	$	(1,644)	$	(865)
Net change associated with current period hedging transactions		(1,583)		(215)
Net amount of reclassification into earnings		—		—
Difference between a change in fair value of excluded components		—		—
Closing accumulated derivative instrument gain or loss	$	(3,227)	$	(1,080)