Accumulated Other Comprehensive Income

The following table summarizes the changes in accumulated other comprehensive income by component for the Company and the Operating Partnership for the nine months ended September 30, 2018:



	Interest Rate Protection Agreements		Accumulated Other Comprehensive Income of the Operating Partnership		Comprehensive Income Attributable to Noncontrolling Interest of the Company			Accumulated Other Comprehensive Income of the Company
Balance as of December 31, 2017	$	1,382	$	1,382	$	(44	)	$	1,338
Other Comprehensive Income Before Reclassifications	10,470		10,470		(208		)	10,262
Amounts Reclassified from Accumulated Other Comprehensive Income	529		529		—			529
Net Current Period Other Comprehensive Income	10,999		10,999		(208		)	10,791
Balance as of September 30, 2018	$	12,381	$	12,381	$	(252	)	$	12,129

The following table summarizes the reclassifications out of accumulated other comprehensive income for both the Company and the Operating Partnership for the three and nine months ended September 30, 2018 and 2017:



	Amounts Reclassified from Accumulated Other Comprehensive Income
Details about Accumulated Other Comprehensive Income Components	Three Months Ended September 30, 2018			Three Months Ended September 30, 2017		Nine Months Ended September 30, 2018		Nine Months Ended September 30, 2017		Affected Line Items in the Consolidated Statements of Operations
Interest Rate Protection Agreements:
Amortization of Previously Settled Interest Rate Protection Agreements	$	24		$	24	$	71	$	180	Interest Expense
Net Settlement (Receipts) Payments from/to our Counterparties	(102		)	912		458		3,486		Interest Expense
Total	$	(78	)	$	936	$	529	$	3,666

The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in other comprehensive income and is subsequently reclassified to earnings through interest expense over the life of the derivative or over the life of the debt. In the next 12 months, we expect to amortize approximately $95 into net income by increasing interest expense for interest rate protection agreements we settled in previous periods. Additionally, recurring settlement amounts on the 2014 Swaps and 2015 Swaps (as defined in Note 10) will also be reclassified to net income. See Note 10 for more information about our derivatives.