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Derivative Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
As of September 30, 2019, the Company had eight outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk:
Derivative Instrument
 
Number of Instruments

 
Notional Amount
(in millions)
Interest rate swaps
 
8

 
$175.0
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The table below presents the fair value of the Company's derivative financial instruments, as well as their classification on the Condensed Consolidated Balance Sheet as of September 30, 2019.
 
Balance at September 30, 2019
(Dollars in thousands)
Balance Sheet Location
 
Fair Value

Derivatives designated as hedging instruments
 
 
 
Interest rate swaps
Other liabilities
 
$
7,533

Total derivatives designated as hedging instruments
 
 
$
7,533
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)
The table below presents the effect of cash flow hedge accounting on AOCI during the three and nine months ended September 30, 2019 and 2018 related to the Company's outstanding interest rate swaps.
 
Gain (Loss) Recognized in AOCI on Derivative
 
Loss Reclassified from AOCI into Income
 
Three Months Ended September 30,
Three Months Ended September 30,
(Dollars in thousands)
2019

 
2018

2019

 
2018

Interest rate swaps
$
(2,341
)
 
$
374

Interest expense
$
18

 
$
53

Settled interest rate swaps
—

 
—

Interest expense
42

 
42

 
$
(2,341
)
 
$
374

Total interest expense
$
60

 
$
95

 
Gain (Loss) Recognized in AOCI on Derivative
 
(Gain) Loss Reclassified from AOCI into Income
 
Nine Months Ended September 30,
Nine Months Ended September 30,
(Dollars in thousands)
2019

 
2018

2019

 
2018

Interest rate swaps
$
(7,642
)
 
$
1,403

Interest expense
$
(52
)
 
$
243

Settled interest rate swaps
—

 
—

Interest expense
126

 
126

 
$
(7,642
)
 
$
1,403

Total interest expense
$
74


$
369