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Derivative Financial Instruments (Tables) | 3 Months Ended
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Mar. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company’s derivatives as of March 31, 2019 and December 31, 2018. The gross amounts of derivative assets or liabilities can be reconciled to the tabular disclosure of fair value. The tabular disclosure of fair value provides the location that derivative assets and liabilities are presented on the Balance Sheet.
As of March 31, 2019
| Assets |  | Gross Amounts Not Offset in the Statement of Financial Position |  |
(in thousands) | Gross Amounts Recognized |  | Gross Amounts Offset in the Statement of Financial Position |  | Net Amounts of Assets presented in the Statement of Financial Position |  | Financial Instruments |  | Fair Value Collateral Posted |  | Net Amount
Interest rate swap | $ | 5,277 |  |  | $ | — |  |  | $ | 5,277 |  |  | $ | 657 |  |  | $ | — |  |  | $ | 4,620 |
| Liabilities |  | Gross Amounts Not Offset in the Statement of Financial Position |  |
(in thousands) | Gross Amounts Recognized |  | Gross Amounts Offset in the Statement of Financial Position |  | Net Amounts of Liabilities presented in the Statement of Financial Position |  | Financial Instruments |  | Fair Value Collateral Posted |  | Net Amount
Interest rate swap | $ | 6,541 |  |  | $ | — |  |  | $ | 6,541 |  |  | $ | 657 |  |  | $ | 5,216 |  |  | $ | 668 |
Securities sold under agreements to repurchase | 172,171 |  |  | — |  |  | 172,171 |  |  | — |  |  | 172,171 |  |  | — |
As of December 31, 2018
| Assets |  | Gross Amounts Not Offset in the Statement of Financial Position |  |
(in thousands) | Gross Amounts Recognized |  | Gross Amounts Offset in the Statement of Financial Position |  | Net Amounts of Assets presented in the Statement of Financial Position |  | Financial Instruments |  | Fair Value Collateral Posted |  | Net Amount
Interest rate swap | $ | 2,217 |  |  | $ | — |  |  | $ | 2,217 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,217 |
| Liabilities |  | Gross Amounts Not Offset in the Statement of Financial Position |  |
(in thousands) | Gross Amounts Recognized |  | Gross Amounts Offset in the Statement of Financial Position |  | Net Amounts of Liabilities presented in the Statement of Financial Position |  | Financial Instruments |  | Fair Value Collateral Posted |  | Net Amount
Interest rate swap | $ | 2,217 |  |  | $ | — |  |  | $ | 2,217 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,217 |
Securities sold under agreements to repurchase | 221,450 |  |  | — |  |  | 221,450 |  |  | — |  |  | 221,450 |  |  | — |
The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Balance Sheet as of March 31, 2019 and December 31, 2018.
| Derivative Assets |  | Derivative Liabilities
| As of March 31, 2019 | As of December 31, 2018 |  | As of March 31, 2019 | As of December 31, 2018
(in thousands) | Notional Amount | Balance Sheet Location | Fair Value | Balance Sheet Location | Fair Value |  | Balance Sheet Location | Fair Value | Balance Sheet Location | Fair Value
Derivatives designated as hedging instruments
Interest rate swap | $ | 61,962 |  | Other Assets | $ | — |  | Other Assets | $ | — |  |  | Other Liabilities | $ | 1,264 |  | Other Liabilities | $ | — |
Total |  |  | $ | — |  |  | $ | — |  |  |  | $ | 1,264 |  |  | $ | — |
Derivatives not designated as hedging instruments
Interest rate swap | $ | 523,017 |  | Other Assets | $ | 5,277 |  | Other Assets | $ | 2,217 |  |  | Other Liabilities | $ | 5,277 |  | Other Liabilities | $ | 2,217 |
Foreign exchange forward contracts | 1,426 |  | Other Assets | 1,426 |  | Other Assets | 806 |  |  | Other Liabilities | 1,426 |  | Other Liabilities | 806 |
Total |  |  | $ | 6,703 |  |  | $ | 3,023 |  |  |  | $ | 6,703 |  |  | $ | 3,023 |
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance | The table below presents the effect of cash flow hedge accounting on Accumulated Other Comprehensive Income for the three months ended, March 31, 2019 and 2018.
Derivatives in Subtopic 815-20 Hedging Relationships |  | Amount of Gain or (Loss) Recognized in OCI on Derivative |  | Location of Gain or (Loss) Recognized from Accumulated Other Comprehensive Income into Income |  | Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income
(in thousands) |  | March 31, 2019 |  |  |  | March 31, 2019
Derivatives in Cash Flow Hedging Relationships |  |  |  |  |  |
Interest rate swap |  | $ | (1,264 | ) |  | Interest Expense |  | $ | — |
Total |  | $ | (1,264 | ) |  |  |  | $ | — |

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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5618551-113959 + Details
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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624163-113959 + Details
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