Financial Instruments and Derivatives (Tables)

3 Months Ended

Mar. 31, 2020

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 Condensed Consolidated Statements of Operations for the three months ended March 31, 2020 and 2019 (dollars in thousands):

Derivatives in Cash Flow Hedging Relationships	Loss Recognized in OCI on Derivative					Location of (Loss) Gain Reclassified from Accumulated	Net (Loss) Gain Reclassified from Accumulated OCL into Interest Expense(1)
Three months ended March 31,	2020		2019			OCL into Income	2020			2019
Interest rate contracts	$	—	$	(2,456	)	Interest expense	$	(253	)	$	745

^{(1) See the Condensed 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 Loss Recognized in	Loss Recognized in Earnings on Derivative
Three months ended March 31,	Income on Derivative	2020			2019
Preferred stock embedded derivative	Other non-operating expense (income)	$	(27,638	)	$	(524	)