XML 47 R33.htm IDEA: XBRL DOCUMENT v3.20.4

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2020

Fair Value Disclosures [Abstract]

Schedule of Derivative Assets at Fair Value

The following table summarizes the Company's interest rate cap instruments as of December 31, 2020:

(in thousands)
Current notional balance			$	1,537,559
Weighted average fixed cap rate			4.53		%
Earliest maturity date			2021
Latest maturity date			2023
Estimated asset fair value (included in other assets, net at December 31, 2020)			$	22
Estimated asset fair value (included in other assets, net at December 31, 2019)			$	6

Fair Value Measurements, Nonrecurring

The following is a summary of asset impairment expense.

			For the Years Ended December 31,
(in millions)			2020						2019						2018
Goodwill			$	—					$	—					$	351.7
Property, plant and equipment and leasehold intangibles, net			29.3						27.2						78.0
Operating lease right-of-use assets			76.3						10.2						—
Investment in unconsolidated ventures			1.5						—						33.4
Assets held for sale			0.2						1.3						15.6
Other assets, net			—						10.6						11.2
Asset impairment			$	107.3					$	49.3					$	489.9

X

- Definition

Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (bbb)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of derivative assets at fair value.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDerivativeAssetsAtFairValueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration