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Derivatives, Net (Tables)
 3 Months Ended
Mar. 31, 2019
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 March 31, 2019:

March 31, 2019
 
Number of Contracts
 
Aggregate Notional Amount (in thousands)
 
Notional Currency
 
Maturity
 
Weighted-Average Years to Maturity
Fx Contracts - GBP
78
 
259,604
 
GBP
 
April 2019- December 2021
 
1.07


The following table summarizes our non-designated Fx forwards as of December 31, 2018:
 
December 31, 2018
 
Number of Contracts
 
Aggregate Notional Amount (in thousands)
 
Notional Currency
 
Maturity
 
Weighted-Average Years to Maturity
Fx Contracts - GBP
43
 
270,161
 
GBP
 
January 2019 - November 2020
 
0.69
Summary of Amounts Recognized on Consolidated Statements of Operations Related to Company's Derivatives
The following table summarizes the amounts recognized on the condensed consolidated statements of operations related to our derivatives for the three months ended March 31, 2019 and 2018 ($ in thousands):
 
 
 
 
Amount of gain (loss)
recognized in income
 
 
 
Three months ended March 31,
 
Location of Gain (Loss) Recognized in Income
 
2019
 
2018
Forward currency contracts
Loss on derivative instruments - unrealized
 
$
(14,985
)
 
$
(8,859
)
Forward currency contracts
Gain (loss) on derivative instruments - realized
 
8,265

 
(2,177
)
Interest rate caps(1)
Gain on derivative instruments - unrealized
 
—

 
4

Total
 
 
$
(6,720
)
 
$
(11,032
)

———————
(1)
With a notional amount of $33.6 million and $38.9 million at March 31, 2019, and 2018, respectively.
Summarizes Gross Asset and Liability Amounts Related to Derivatives
The following table summarizes the gross asset and liability amounts related to our derivatives at March 31, 2019 and December 31, 2018 ($ in thousands).
 
 
March 31, 2019
 
December 31, 2018

Gross
Amount of
Recognized
Assets
 
Gross
Amounts
Offset in the Condensed
Consolidated Balance Sheet
 
Net Amounts
of Assets
Presented in
the Condensed Consolidated Balance Sheet
 
Gross Amount of Recognized Assets
 
Gross
Amounts
Offset in the Condensed
Consolidated Balance Sheet
 
Net Amounts of Assets Presented in the Condensed Consolidated Balance Sheet
Forward currency contracts
9,852

 
(1,137
)
 
8,715

 
23,753

 
(53
)
 
23,700

Total derivative instruments
$
9,852

 
$
(1,137
)
 
$
8,715

 
$
23,753


$
(53
)

$
23,700