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Debt (Tables)
6 Months Ended
Jun. 30, 2018
Debt Disclosure [Abstract]  
Schedule of Debt Balance

The table below details the Company’s debt balance at June 30, 2018 and December 31, 2017 (in thousands):

 

 

 

June 30, 2018

 

 

December 31, 2017

 

Term loan- secured

 

$

125,000

 

 

$

125,000

 

Revolving credit facility- secured

 

 

140,000

 

 

 

91,200

 

Unamortized deferred financing costs

 

 

(594

)

 

 

(677

)

 

 

$

264,406

 

 

$

215,523

 

 

Summary of Gain (Loss) Recognized On Interest Rate Derivative Designated As Cash Flow Hedges

The table below details the location in the consolidated financial statements of the gain (loss) recognized on interest rate derivatives designated as cash flow hedges for the three and six months ended June 30, 2018 and 2017 (dollars in thousands):

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Amount of gain (loss) recognized in other comprehensive income (loss)

 

$

761

 

 

$

(726

)

 

$

2,470

 

 

$

(356

)

Amount of gain (loss) reclassified from accumulated other comprehensive income (loss) into interest expense

 

 

26

 

 

 

(233

)

 

 

(52

)

 

 

(233

)

Total change in accumulated other comprehensive income (loss)

 

$

735

 

 

$

(493

)

 

$

2,522

 

 

$

(123

)