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Derivatives (Tables) | 12 Months Ended
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Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Non-Designated Foreign Exchange Forwards | The following table summarizes our non-designated foreign exchange ("Fx") forwards and our interest rate cap as of December 31, 2020:
| December 31, 2020
Type of Derivatives | Number of Contracts |  | Aggregate Notional Amount (in thousands) |  | Notional Currency |  | Maturity |  | Weighted-Average Years to Maturity
Fx contracts - GBP | 93 |  | 428,493 |  | GBP |  | January 2021 - December 2024 |  | 2.04
Fx contracts - EUR | 69 |  | 239,466 |  | EUR |  | February 2021 - August 2024 |  | 2.61
Interest rate cap | 1 |  | 500,000 |  | USD |  | June 2023 |  | 2.49
The following table summarizes our non-designated Fx forwards and our interest rate swap as of December 31, 2019:
| December 31, 2019
Type of Derivatives | Number of Contracts |  | Aggregate Notional Amount (in thousands) |  | Notional Currency |  | Maturity |  | Weighted-Average Years to Maturity
Fx contracts - GBP | 156 |  | 735,349 |  | GBP |  | January 2020 - December 2024 |  | 1.49
Fx contracts - EUR | 44 |  | 168,879 |  | EUR |  | February 2020 - August 2024 |  | 3.22
Interest rate swap | 1 |  | 500,000 |  | USD |  | May 2026 |  | 6.37
Schedule of Amounts Recognized on Consolidated Statements of Operations Related to Company's Derivatives | The following table summarizes the amounts recognized on our consolidated statements of operations related to our derivatives for the years ended December 31, 2020, 2019, and 2018 ($ in thousands):
|  |  |  |  |  |  | Amount of gain (loss) recognized in income
|  |  |  |  | Year ended December 31,
| Location of Gain (Loss) Recognized in Income |  |  |  |  |  | 2020 |  | 2019 |  | 2018
Forward currency contracts | Unrealized gain (loss) on derivative instruments |  |  |  |  |  | $ | (26,499) |  |  | $ | (28,576) |  |  | $ | 29,345 |
Forward currency contracts | Realized gain on derivative instruments |  |  |  |  |  | 16,756 |  |  | 14,151 |  |  | 9,713 |
Total |  |  |  |  |  |  | $ | (9,743) |  |  | $ | (14,425) |  |  | $ | 39,058 |
|  |  |  |  |  |  | Amount of loss recognized in income
|  |  |  |  | Year ended December 31,
| Location of Loss Recognized in Income |  |  |  |  |  | 2020 |  | 2019 |  | 2018
Interest rate cap(1) | Unrealized gain on interest rate cap |  |  |  |  |  | $ | 134 |  |  | $ | — |  |  | $ | — |
Interest rate swap(2) | Unrealized gain (loss) on interest rate swap |  |  |  |  |  | 14,470 |  |  | (14,470) |  |  | — |
Interest rate swap(2) | Realized loss on interest rate swap |  |  |  |  |  | (53,851) |  |  | — |  |  | — |
Total |  |  |  |  |  |  | $ | (39,247) |  |  | $ | (14,470) |  |  | $ | — |
——————— (1)With a notional amount of $500.0 million, $0, and $34.9 million at December 31, 2020, 2019, and 2018, respectively. (2)With a notional amount of $0, $500.0 million, and $0 at December 31, 2020, 2019, and 2018, respectively.
Schedule of Gross Asset and Liability Amounts Related to Derivatives | The following tables summarize the gross asset and liability amounts related to our derivatives at December 31, 2020 and 2019 ($ in thousands):
| December 31, 2020 |  | December 31, 2019
| Gross Amount of Recognized Liability |  | Gross Amounts Offset in our Consolidated Balance Sheet |  | Net Amounts of Liability Presented in our Consolidated Balance Sheet |  | Gross Amount of Recognized Liabilities |  | Gross Amounts Offset in our Consolidated Balance Sheet |  | Net Amounts of Liabilities Presented in our Consolidated Balance Sheet
Forward currency contracts | $ | 32,172 |  |  | $ | (797) |  |  | $ | 31,375 |  |  | $ | 12,687 |  |  | $ | (7,811) |  |  | $ | 4,876 |
Interest rate cap | — |  |  | (134) |  |  | (134) |  |  | — |  |  | — |  |  | — |
Interest rate swap | — |  |  | — |  |  | — |  |  | 14,470 |  |  | — |  |  | 14,470 |
Total derivative liabilities | $ | 32,172 |  |  | $ | (931) |  |  | $ | 31,241 |  |  | $ | 27,157 |  |  | $ | (7,811) |  |  | $ | 19,346 |

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