Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2018

Summary of Derivative Instruments [Abstract]

Summary Of The Effect Of Derivative Instruments On The Consolidated Statements Of Changes In Equity And Income

Below is a summary of the effect of derivative instruments on the consolidated statements of changes in equity and income for the years ended December 31, 2018, 2017 and 2016:

Effect of Derivative Instruments on the Consolidated Statements of Changes in Equity and Income for the Years Ended December 31, 2018, 2017 and 2016 (Dollars in thousands)

	Year Ended December 31,
Description	2018		2017			2016
Cash Flow Hedges
Interest Rate Swaps
Amount of Gain (Loss) Recognized in AOCI on Derivative	$	3,172	$	2,479		$	(2,044	)
Amount of Income (Expense) Reclassified from AOCI into Earnings (1)	1,324		(2,498		)	(5,235		)
Cross Currency Swaps
Amount of Gain (Loss) Recognized in AOCI on Derivative	1,689		(793		)	(754		)
Amount of Income Reclassified from AOCI into Earnings (2)	1,426		2,457			2,663
Net Investment Hedges
Cross Currency Swaps
Amount of Gain Recognized in AOCI on Derivative	5,108		—			—
Amount of Income Recognized in Earnings (2)	271		—			—
Currency Forward Agreements
Amount of Gain (Loss) Recognized in AOCI on Derivative	8,560		(9,547		)	(2,804		)
Amount of Expense Reclassified from AOCI into Earnings (2)	—		—			—
Total
Amount of Gain (Loss) Recognized in AOCI on Derivative	$	18,529	$	(7,861	)	$	(5,602	)
Amount of Income (Expense) Reclassified from AOCI into Earnings	2,750		(41		)	(2,572		)
Amount of Income Recognized in Earnings	271		—			—

Interest expense, net in accompanying consolidated statements of income	135,507		133,124			97,144
Other income in accompanying consolidated statements of income	2,076		3,095			9,039


(1)	Included in “Interest expense, net” in accompanying consolidated statements of income.


(2)	Included in "Other income" in the accompanying consolidated statements of income.