DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivative Instruments

As of December 31, 2020 and 2019, the fair value of the derivative instruments is presented as follows in the Company's condensed consolidated balance sheets:

Derivative liabilities	2020		2019
Interest rate swap	$	4,865	$	1,771
Cross-currency swap	6,793		332
Derivative liabilities	$	11,658	$	2,103

Schedule of Gains (Losses) on Hedging Instruments

Losses and gains on our hedging instruments are recognized in accumulated other comprehensive income (loss) and categorized as follows for the year ended December 31, 2020 and 2019:

	Location within Statements of Comprehensive Income	Year ended December 31
		2020		2019
Cash flow hedge (interest rate swap), net of tax	Unrealized (loss) on cash flow hedge, net	$	(2,285)	$	(1,399)
Net investment hedge (cross-currency swap), net of tax	Net foreign currency translation adjustment	(4,882)		(262)
		$	(7,167)	$	(1,661)