|9 Months Ended|
Sep. 30, 2017
|Derivative Instruments and Hedging Activities Disclosure [Abstract]|
The Company’s derivative instrument is an interest rate cap with a fair value of $0.2 million as of September 30, 2017 and is recorded within other assets on the Consolidated Balance Sheets. As of December 31, 2016, derivative assets with a fair value of $0.4 million and $0.5 million were recorded within other current assets and other assets, respectively, on the Consolidated Balance Sheets. The Company had no derivative liabilities as of both September 30, 2017 and December 31, 2016.
The following table summarizes (gains) losses recorded in relation to derivatives:
As of both September 30, 2017 and December 31, 2016, the Company had no expected reclassification of deferred hedges from AOCI into earnings over the next 12 months.
No definition available.
The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.
Reference 1: http://www.xbrl.org/2003/role/presentationRef