Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Liabilities at Fair Value

The following table presents the fair value of the interest rate derivative by valuation hierarchy and balance sheet classification:



	December 31, 2019
	Level 1		Level 2			Level 3		Total
Derivative Assets
Other current assets	$	—	$	216		$	—	$	216
Other non-current assets	—		—			—		—
Total assets at fair value	$	—	$	216		$	—	$	216
Derivative Liabilities
Other current liabilities	$	—	$	(61	)	$	—	$	(61	)
Other non-current liabilities	—		(398		)	—		(398		)
Total liabilities at fair value	$	—	$	(459	)	$	—	$	(459	)

Schedule of Derivative Assets at Fair Value

The following table presents the fair value of the interest rate derivative by valuation hierarchy and balance sheet classification:



	December 31, 2019
	Level 1		Level 2			Level 3		Total
Derivative Assets
Other current assets	$	—	$	216		$	—	$	216
Other non-current assets	—		—			—		—
Total assets at fair value	$	—	$	216		$	—	$	216
Derivative Liabilities
Other current liabilities	$	—	$	(61	)	$	—	$	(61	)
Other non-current liabilities	—		(398		)	—		(398		)
Total liabilities at fair value	$	—	$	(459	)	$	—	$	(459	)

Schedule of Changes in AOCI

The following table presents the total value recognized in other comprehensive income (“OCI”) and reclassified from AOCI to interest expense during 2019 for derivatives designated as cash flow hedges:

⁽¹⁾Net unrealized gains totaling $135 are anticipated to be reclassified from AOCI into interest expense during the next 12 months due to settlement of the associated underlying obligations.

AOCI—The following tables presents changes in AOCI, net of tax, and reclassifications of AOCI into earnings, net of tax:



	Unrealized Fair Value of Swap (Cash Flow Hedge)
Balance at December 31, 2018	$	—
OCI before reclassifications	(186		)
Amounts reclassified from AOCI	(23		)
Net OCI	(209		)
Balance at December 31, 2019	$	(209	)



	Amount Reclassified from AOCI⁽¹⁾
Interest rate derivatives (interest expense)	$	(30	)
Tax	7
Total net of tax	$	(23	)

⁽¹⁾ See Note 11 - Financial Instruments for further discussion of our cash flow hedges, including the total value reclassified from AOCI to earnings.

Gain (Loss) Recognized in OCI

Gain (Loss) Reclassified from AOCI into Earnings ⁽¹⁾

Interest rate cash flow hedge