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EQUITY AOCI (Tables)
6 Months Ended
Jun. 30, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
Accumulated Other Comprehensive Loss
The movement in accumulated other comprehensive loss during the six months ended June 30, 2017 comprised the following:
 
Currency translation adjustment, net

 
(Loss) / Gain on derivative instruments designated as hedging instruments

 
TOTAL
Accumulated Other Comprehensive Loss

BALANCE December 31, 2016
$
(239,537
)
 
$
(4,451
)
 
$
(243,988
)
Other comprehensive income / (loss) before reclassifications:
 
 
 
 
 
Foreign exchange gain on intercompany transactions (1)
6,682

 

 
6,682

Foreign exchange gain on the Series B Preferred Shares
20,451

 

 
20,451

Currency translation adjustment
6,388

 

 
6,388

Change in the fair value of hedging instruments

 
(178
)
 
(178
)
Amounts reclassified from accumulated other comprehensive loss (2)

 
1,396

 
1,396

Net other comprehensive income
33,521

 
1,218

 
34,739

BALANCE June 30, 2017
$
(206,016
)
 
$
(3,233
)
 
$
(209,249
)
(1) 
Represents foreign exchange gains on intercompany loans that are of a long-term investment nature which are reported in the same manner as translation adjustments.
(2) 
Amounts reclassified from accumulated other comprehensive loss during the six months ended June 30, 2017 were reclassified to interest expense