Financial Instruments and Derivatives (Tables)

12 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

Effect of Derivative Instruments on Consolidated Statement of Operations

The tables below present the effect of the Company's derivative financial instruments on the Consolidated Statements of Operations for the years ended December 31, 2019, 2018 and 2017, respectively (dollars in thousands):

Derivatives in Cash Flow Hedging Relationships	(Loss) Gain Recognized in OCI on Derivative								Location of Gain (Loss) Reclassified	Gain (Loss) Reclassified from Accumulated OCL into Interest Expense(1)
For the Year ended December 31,	2019			2018			2017		from Accumulated OCL into Income	2019		2018		2017
Interest rate contracts	$	(11,676	)	$	(751	)	$	319	Interest expense	$	1,747	$	1,938	$	(730	)

^{(1) See the Consolidated Statements of Comprehensive Income for changes in accumulated other comprehensive loss as these changes are presented net of the allocation to noncontrolling interests.}

Derivatives Not Designated as Hedging Instruments	Location of Gain (Loss) Recognized in	Gain (Loss) Recognized in Earnings on Derivative
For the year ended December 31,	Income on Derivative	2019		2018			2017
Preferred stock embedded derivative	Other non-operating income	$	17,886	$	(2,576	)	$	8,807