Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.19.3
FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2019
Fair Value Disclosures [Abstract]  
Schedule of interest rate swap derivatives measured at fair value
Information regarding the Company's interest rate swaps measured at fair value, which are classified within Level 2 of the GAAP fair value hierarchy, is presented below (dollars in thousands):
Fair value at December 31, 2017
$
12,414

Gains on interest rate swaps reclassified into interest expense from accumulated other comprehensive income
(831
)
Unrealized gains on interest rate swaps included in accumulated other comprehensive income
16,733

Fair value at September 30, 2018
$
28,316

 
 
Fair value at December 31, 2018
$
14,195

Gains on interest rate swaps reclassified into interest expense from accumulated other comprehensive income
(3,492
)
Unrealized losses on interest rate swaps included in accumulated other comprehensive income
(44,547
)
Fair value at September 30, 2019
$
(33,844
)