XML 37 R26.htm IDEA: XBRL DOCUMENT
v3.20.2

Fair Value Measurements and Interest Rate Swaps (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2020
Fair Value Disclosures [Abstract] |
Fair value of certain financial assets and liabilities and other financial instruments | The fair value of certain financial assets and liabilities and other financial instruments as of September 30, 2020 and December 31, 2019, in thousands, is as follows:
| September 30, 2020 |  | December 31, 2019
| Carrying Amount (1) |  | Fair Value |  | Carrying Amount (1) |  | Fair Value
Debt | $ | 1,100,143 |  |  | $ | 1,102,892 |  |  | $ | 1,090,099 |  |  | $ | 1,110,353 |
Interest rate swap liabilities | $ | 13,874 |  |  | $ | 13,874 |  |  | $ | 2,545 |  |  | $ | 2,545 |
_______________ (1)The carrying amount of debt is net of unamortized debt issuance costs.
Schedule of Interest Rate Derivatives | The Company's interest rate derivatives, which are not designated or accounted for as cash flow hedges, consisted of the following as of September 30, 2020 and December 31, 2019, in thousands:
|  |  |  |  |  |  |  |  |  |  |  |  |  | Fair Value of Assets (Liabilities)
Hedged Debt |  | Type |  | Rate Fixed |  | Index |  | Effective Date |  | Maturity Date |  | Notional Amount |  | September 30, 2020 |  | December 31, 2019
$50 million term loan |  | Swap |  | 2.41 | % |  | 1-Month LIBOR |  | January 7, 2019 |  | October 18, 2023 |  | $ | 50,000 |  |  | $ | (3,540) |  |  | $ | (1,597) |
$350 million term loan |  | Swap |  | 1.70 | % |  | 1-Month LIBOR |  | July 25, 2019 |  | July 25, 2024 |  | $ | 175,000 |  |  | (10,334) |  |  | (948) |
|  |  |  |  |  |  |  |  |  |  |  |  |  | $ | (13,874) |  |  | $ | (2,545) |

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13467-108611 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 (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
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 interest rate derivatives, including, but not limited to, the fair value of the derivatives, statement of financial position location, and statement of financial performance location of these instruments. + 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 -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfInterestRateDerivativesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration