ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

6 Months Ended

Jun. 30, 2020

ACCUMULATED OTHER COMPREHENSIVE LOSS [Abstract]

Components of Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss, net of related taxes, in the condensed consolidated balance sheets follow:

	June 30,		December 31,
(Dollars in thousands)	2020		2019
Unrealized losses on derivative instruments	$	(27,900)	$	(11,732)
Items not yet recognized as a component of net periodic benefit cost (pension plans)		(8,181)		(8,838)
	$	(36,081)	$	(20,570)

The changes in the balances of each component of accumulated other comprehensive loss, net of related taxes, during the three and six months ended June 30, 2020 and 2019 follow:

(Dollars in thousands)	Unrealized losses on cash flow hedges		Items not yet recognized as a component of net periodic benefit cost		Total
Balance as of March 31, 2020	$	(26,717)	$	(8,245)	$	(34,962)
Current period change, excluding amounts reclassified from accumulated other comprehensive loss		(2,828)		64		(2,764)
Amounts reclassified from accumulated other comprehensive loss		1,645		—		1,645
Balance as of June 30, 2020	$	(27,900)	$	(8,181)	$	(36,081)
Balance as of March 31, 2019	$	(24,698)	$	(8,608)	$	(33,306)
Current period change, excluding amounts reclassified from accumulated other comprehensive loss		(8,936)		227		(8,709)
Amounts reclassified from accumulated other comprehensive loss		1,733		—		1,733
Balance as of June 30, 2019	$	(31,901)	$	(8,381)	$	(40,282)

(Dollars in thousands)	Unrealized losses on cash flow hedges		Items not yet recognized as a component of net periodic benefit cost		Total
Balance as of December 31, 2019	$	(11,732)	$	(8,838)	$	(20,570)
Current period change, excluding amounts reclassified from accumulated other comprehensive loss		(18,949)		657		(18,292)
Amounts reclassified from accumulated other comprehensive loss		2,781		—		2,781
Balance as of June 30, 2020	$	(27,900)	$	(8,181)	$	(36,081)
Balance as of December 31, 2018	$	(21,520)	$	(8,409)	$	(29,929)
Current period change, excluding amounts reclassified from accumulated other comprehensive loss		(13,935)		28		(13,907)
Amounts reclassified from accumulated other comprehensive loss		3,554		—		3,554
Balance as of June 30, 2019	$	(31,901)	$	(8,381)	$	(40,282)

Reclassification Out of Accumulated Other Comprehensive Income (Loss)

Amounts reclassified out of each component of accumulated other comprehensive loss follow:

	Three Months Ended June 30,				Six Months Ended June 30,
(Dollars in thousands)		2020		2019		2020		2019
Reclassifications of losses on cash flow hedges:
Interest rate swaps entered into by the Company's equity method
joint venture investees	$	228	$	1,457	$	388	$	3,097
Interest rate swaps entered into by the Company's subsidiaries		1,417		219		2,312		359
Interest rate cap entered into by the Company's subsidiaries		—		57		—		98
Reclassifications of losses on derivatives subsequent to discontinuation
of hedge accounting:
Interest rate collar entered into by the Company's subsidiaries		—		—		81		—
	$	1,645	$	1,733	$	2,781	$	3,554