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Derivatives and Hedging Activities (Tables)
 12 Months Ended
Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
The following is a summary of our interest rate swaps that were designated as cash flow hedges of interest rate risk as of December 31, 2017 and 2016 (notional amounts in thousands):
 
2017
 
2016(1)
Count
6

 
4

Notional amount
$
992,000

 
$
642,000

Fixed LIBOR
1.2% - 2.2%

 
1.2% - 1.5%

Maturity date
2019-2024

 
2019 - 2023


(1) One interest rate swap that we entered into in October 2016 with a notional amount of $255 million was not effective until July 2017.
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)
The table below details the location of the gain or loss recognized on interest rate derivatives designated as cash flow hedges in the consolidated statements of operations and comprehensive (loss) income for the years ended December 31, 2017, 2016, and 2015 (in thousands):
  
2017
 
2016
 
2015
Amount of gain (loss) recognized in OCI on derivatives
$
2,770

 
$
6,979

 
$
(3,128
)
Amount of loss reclassified from AOCI into interest expense
1,810

 
3,586

 
3,150