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Accumulated other comprehensive (loss) income
6 Months Ended
Jun. 30, 2019
Statement of Comprehensive Income [Abstract]  
Comprehensive income
Accumulated other comprehensive (loss) income 
 
For the three months ended June 30, 2019
 
For the six months ended June 30, 2019
 
Interest
rate cap
agreements
 
Foreign
currency
translation
adjustments
 
Accumulated
other
comprehensive
(loss) income
 
Interest
rate cap
agreements
 
Foreign
currency
translation
adjustments
 
Accumulated
other
comprehensive
(loss) income
Beginning balance
$
(7,935
)
 
$
(39,616
)
 
$
(47,551
)
 
$
(8,961
)
 
$
(25,963
)
 
$
(34,924
)
Unrealized (losses) gains
(42
)
 
12,365

 
12,323

 
(823
)
 
(1,288
)
 
(2,111
)
Related income tax
11

 

 
11

 
212

 

 
212

 
(31
)
 
12,365

 
12,334

 
(611
)
 
(1,288
)
 
(1,899
)
Reclassification into net income
2,163

 

 
2,163

 
4,326

 

 
4,326

Related income tax
(557
)
 

 
(557
)
 
(1,114
)
 

 
(1,114
)
 
1,606

 

 
1,606

 
3,212

 

 
3,212

Ending balance
$
(6,360
)
 
$
(27,251
)
 
$
(33,611
)
 
$
(6,360
)
 
$
(27,251
)
 
$
(33,611
)
 
For the three months ended June 30, 2018
 
For the six months ended June 30, 2018
 
Interest
rate cap
agreements
 
Foreign
currency
translation
adjustments
 
Accumulated
other
comprehensive
(loss) income
 
Interest
rate cap
and swap
agreements
 
Investment
securities
 
Foreign
currency
translation
adjustments
 
Accumulated
other
comprehensive
(loss) income
Beginning balance
$
(12,527
)
 
$
39,862

 
$
27,335

 
$
(12,408
)
 
$
5,662

 
$
19,981

 
$
13,235

Cumulative effect of change
in accounting principle
(1)

 

 

 
(2,706
)
 
(5,662
)
 

 
(8,368
)
Unrealized (losses) gains
(361
)
 
(50,529
)
 
(50,890
)
 
1,053

 

 
(30,648
)
 
(29,595
)
Related income tax
93

 

 
93

 
(271
)
 

 

 
(271
)
 
(268
)
 
(50,529
)
 
(50,797
)
 
782

 

 
(30,648
)
 
(29,866
)
Reclassification into net
income
2,070

 

 
2,070

 
4,140

 

 

 
4,140

Related income tax
(533
)
 

 
(533
)
 
(1,066
)
 

 

 
(1,066
)
 
1,537

 

 
1,537

 
3,074

 

 

 
3,074

Ending balance
$
(11,258
)
 
$
(10,667
)
 
$
(21,925
)
 
$
(11,258
)
 
$

 
$
(10,667
)
 
$
(21,925
)
 
(1)
Reflects the cumulative effect of a change in accounting principle for ASUs 2016-01 and 2018-03 on classification and measurement of financial instruments and ASU 2018-02 on remeasurement and reclassification of deferred tax effects in accumulated other comprehensive income associated with the Tax Cuts and Jobs Act of 2017.
Net cap realized losses reclassified into income are recorded as debt expense in the corresponding consolidated statements of income. See Note 9 to these condensed consolidated financial statements for further details.
Prior to January 1, 2018, unrealized gains and losses on available-for-sale equity securities were recorded to accumulated other comprehensive income and reclassified to other income when realized. From January 1, 2018, unrealized
gains and losses on investment securities are recorded directly to other income rather than to accumulated other comprehensive income.