Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The following table depicts the fair value adjustment recorded related to the notional amount of derivatives outstanding as well as the notional amount of the interest rate swap agreements.

Derivatives Not Designated as Hedging Instruments - Interest Rate Swap Agreements
	March 31, 2020		December 31, 2019		March 31, 2019
Fair value adjustment included in other assets	$	5,191	$	69	$	—
Fair value adjustment included in other liabilities	5,191		69		—
Notional amount	121,559		44,531		—

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)

The following table indicates the effect of cash flow hedge accounting on AOCI and on the unaudited interim consolidated statement of income.

Derivatives Designated as Hedging Instruments - Cash Flow Hedge Agreements
	March 31, 2020			December 31, 2019		March 31, 2019
Amount of loss recognized in AOCI	$	(294	)	$	—	$	—
Amount of gain reclassified from AOCI interest expense	—			—		—