DERIVATIVE INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivative Instruments

The table below presents the fair value of our derivative financial instruments as well as their classification on our Condensed Consolidated Balance Sheets as of June 30, 2019 and December 31, 2018.

		(in thousands)				(in thousands)
		June 30, 2019	December 31, 2018			June 30, 2019		December 31, 2018
	Balance Sheet Location	Fair Value	Fair Value		Balance Sheet Location	Fair Value		Fair Value
Total derivative instruments designated as hedging instruments - interest rate swaps	Other Assets	—	$	818	Accounts Payable and Accrued Expenses	$	7,598	$	1,675

Schedule of Derivative Instruments

The table below presents the effect of the Company’s derivative financial instruments on the Condensed Consolidated Statements of Operations as of June 30, 2019 and 2018.

	(in thousands)
	Gain (Loss) Recognized in OCI					Location of Gain (Loss) Reclassified from Accumulated OCI into Income	Gain (Loss) Reclassified from Accumulated OCI into Income
Three months ended June 30,	2019			2018			2019			2018
Total derivatives in cash flow hedging relationships - Interest rate contracts	$	(4,430	)	$	438	Interest expense	$	(29	)	$	27
Six months ended June 30,
Total derivatives in cash flow hedging relationships - Interest rate contracts	$	(6,712	)	$	2,158	Interest expense	$	(30	)	$	129