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Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2015
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Effects of Fair Value of Derivative Instruments in Consolidated Balance Sheets

The effects of our derivative instruments on our consolidated balance sheets were as follows:

 

 

 

December 31, 2015

 

 

December 31, 2014

 

 

 

Balance Sheet

Classification

 

Fair Value

 

 

Balance Sheet

Classification

 

Fair Value

 

 

 

(in thousands)

 

Cash Flow Hedges:

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap

 

Other non-

current long-term liabilities

 

$

(11,440

)

 

Other non-

current long-term liabilities

 

$

(4,811

)

 

Earnings Effect of Derivative Instruments in Consolidated Statements of Operations and Consolidated Statements of Comprehensive Income

The effects of our derivative instruments on our consolidated statements of operations and consolidated statements of comprehensive income, net of the effect for income taxes, were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Classification of Gain

(Loss) Recognized

 

2015

 

 

2014

 

 

2013

 

 

 

 

 

(in thousands)

 

Cash Flow Hedges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap (1)

 

Other comprehensive

income

 

$

(4,309

)

 

$

(3,127

)

 

$

 

Non-designated Hedges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate caps

 

Other income (loss)

 

 

 

 

 

 

 

 

(135

)

 

(1)

There were no amounts recognized in earnings related to hedge ineffectiveness or amounts excluded from hedge effectiveness testing during the years ended December 31, 2015 and 2014.