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Financial Instruments and Fair Value Measurements (Tables) | 12 Months Ended
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Dec. 31, 2019
Fair Value Disclosures [Abstract] |
Schedule of carrying value and fair value of the Company’s fixed rate long-term debt | The carrying value and fair value of the Company’s fixed rate long-term debt were as follows at the dates indicated (in millions):
|  | December 31, 2019 |  | December 31, 2018
|  | Carrying Value(1) |  | Fair Value |  | Carrying Value(1) |  | Fair Value
5.00% Senior Notes |  | $ | 546.4 |  |  | $ | 559.5 |  |  | $ | 545.0 |  |  | $ | 521.6 |
5.25% Senior Notes |  | 298.0 |  |  | 309.7 |  |  | 297.5 |  |  | 286.5 |
Real estate related |  | 40.7 |  |  | 41.1 |  |  | 79.7 |  |  | 76.2 |
Total |  | $ | 885.1 |  |  | $ | 910.3 |  |  | $ | 922.2 |  |  | $ | 884.3 |
(1)Carrying value includes unamortized discount and excludes debt issuance costs
Asset and liabilities recorded at fair value | Assets and liabilities associated with the Company’s interest rate swaps as reflected in the Consolidated Balance Sheets were as follows (in millions):
|  | December 31,
|  | 2019 |  | 2018
Assets from interest rate risk management activities: |  |  |  |
Other current assets |  | $ | — |  |  | $ | 0.4 |
Other long-term assets |  | 1.9 |  |  | 13.1 |
Total |  | $ | 1.9 |  |  | $ | 13.5 |
Liabilities from interest rate risk management activities: |  |  |  |
Accrued expenses and other current liabilities |  | $ | 2.8 |  |  | $ | 0.1 |
Other liabilities |  | 4.4 |  |  | 1.7 |
Total |  | $ | 7.2 |  |  | $ | 1.8 |
Impact of interest rate derivative instruments | The following tables present the impact of the Company’s interest rate swaps (in millions):
|  | Amount of Unrealized Income (Loss), Net of Tax, Recognized in Other Comprehensive Income (Loss)
|  | Years Ended December 31,
Derivatives in Cash Flow Hedging Relationship |  | 2019 |  | 2018 |  | 2017
Interest rate swaps |  | $ | (13.3 | ) |  | $ | 6.5 |  |  | $ | 1.0 |
|  | Amount of Income (Loss) Reclassified from Other Comprehensive Income (Loss) into Statements of Operations
Location of Income (Loss) Reclassified from Other Comprehensive Income (Loss) into Statements of Operations |  | Years Ended December 31,
| 2019 |  | 2018 |  | 2017
Floorplan interest expense, net |  | $ | (0.4 | ) |  | $ | (4.7 | ) |  | $ | (10.3 | )
Other interest expense, net |  | $ | 0.1 |  |  | $ | (0.5 | ) |  | $ | (1.9 | )

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- Definition Tabular disclosure of gain (loss) on derivative and nonderivative instruments designated and qualifying as cash flow hedge recorded in accumulated other comprehensive income (AOCI) and reclassified into earnings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 + Details
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- Definition Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624163-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5580258-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41620-113959 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41638-113959 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41678-113959 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=109980867&loc=d3e41641-113959 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(n)(2)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579240-113959 + Details
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