Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Financial Instruments

Schedule of derivative instruments recorded at fair value

Derivative assets recorded at fair value in our condensed consolidated balance sheets as of March 31, 2020 and December 31, 2019, respectively, consisted of the following:

	Derivative Assets
(Amounts in thousands)	March 31, 2020		December 31, 2019
Derivatives Designated as Cash Flow Hedges
Interest Rate Swap Agreements — Current	$	—	$	485
Interest Rate Swap Agreements — Noncurrent		—		1,440
	$	—	$	1,925

Derivative liabilities recorded at fair value in our condensed consolidated balance sheets as of March 31, 2020 and December 31, 2019, respectively, consisted of the following:

	Derivative Liabilities
(Amounts in thousands)	March 31, 2020		December 31, 2019
Derivatives Designated as Cash Flow Hedges
Interest Rate Swap Agreements — Current	$	(7,689)	$	(788)
Interest Rate Swap Agreements — Noncurrent		(22,795)		(2,667)
	$	(30,484)	$	(3,455)

Schedule of gains and losses before taxes on derivatives designated as cash flow hedges

	Loss				Loss Reclassified from
	Recognized in AOCI				AOCI into Operations
	(Effective Portion)				(Effective Portion)
(Amounts in thousands)	2020		2019		2020		2019
Interest Rate Swap Agreements	$	(28,794)	$	—	$	120	$	—
Total	$	(28,794)	$	—	$	120	$	—