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Derivatives, Net (Tables)
 12 Months Ended
Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Non-Designated Foreign Exchange Forwards
The following table summarizes our non-designated foreign exchange (“Fx”) forwards as of December 31, 2017 :
Type of Derivative
December 31, 2017
 
Number of Contracts
 
Aggregate Notional Amount
 
Notional Currency
 
Maturity
Fx Contracts - GBP
24
 
177,077
 
GBP
 
January 2018- November 2020


The following table summarizes our non-designated foreign exchange (“Fx”) forwards as of December 31, 2016 :
Type of Derivative
December 31, 2016
 
Number of Contracts
 
Aggregate Notional Amount
 
Notional Currency
 
Maturity
Fx Contracts - GBP
11
 
148,310
 
GBP
 
January 2017- October 2017
Summary of Amounts Recognized on Consolidated Statements of Operations Related to Company's Derivatives
The following table summarizes the amounts recognized on the consolidated statements of operations related to the Company’s derivatives for the years ended December 31, 2017, 2016 and 2015.
 
 
 
 
Amount of gain (loss)
recognized in
income
 
Location of Gain (Loss) Recognized in Income
 
2017
 
2016
 
2015
Forward currency contract
Gain (loss) on derivative instruments - unrealized
 
$
(11,527
)
 
2,665

 
$
(853
)
Forward currency contract
Gain on derivative instruments - realized
 
(7,657
)
 
28,552

 
5,169

Interest rate caps (1)
Gain (loss) on derivative instruments - unrealized
 
4

 
(57
)
 
(210
)
Sub-total
 
 
$
(19,180
)
 
$
31,160

 
$
4,106

 
 
 
 
 
 
 
 
Forward currency contract
Loss from unconsolidated joint venture
 
(587
)
 
—

 
—

Total
 
 
$
(19,767
)
 
$
31,160

 
$
4,106


———————
(1)
With a notional amount of $40,185, $45,475, 49,323 at December 31, 2017, 2016, and 2015, respectively.
Summarizes Gross Asset and Liability Amounts Related to Derivatives
The following table summarizes the gross asset and liability amounts related to the Company’s derivatives at December 31, 2017 and 2016.
 
 
December 31, 2017
 
December 31, 2016
 
Gross
Amount of
Recognized
Liabilities
 
Gross
Amounts
Offset in the
Consolidated Balance Sheet
 
Net Amounts
of Assets
Presented in
the Consolidated Balance Sheet
 
Gross
Amount of
Recognized
Assets
 
Gross
Amounts
Offset in the
Consolidated Balance Sheet
 
Net Amounts
of Assets
Presented in
the Consolidated Balance Sheet
Interest rate caps
$
—

 
$
1

 
$
1

 
$
23

 
$
—

 
$
23

Forward currency contract
(5,645
)
 
—

 
(5,645
)
 
5,883

 
—

 
5,883

Total derivative instruments
$
(5,645
)
 
$
1

 
$
(5,644
)
 
$
5,906


$
—


$
5,906