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Derivatives (Tables)
 9 Months Ended
Sep. 30, 2021
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 September 30, 2021:
September 30, 2021
Type of DerivativesNumber of ContractsAggregate Notional Amount (in thousands)Notional CurrencyMaturityWeighted-Average Years to Maturity
Fx contracts - GBP106476,682GBPOctober 2021 - February 20261.95
Fx contracts - EUR73285,511EURNovember 2021 - November 20252.00
Fx contracts - SEK21778,431SEKNovember 2021 - May 20263.93
Interest rate cap1500,000USDJune 20231.71

The following table summarizes our non-designated Fx forwards and our interest rate cap as of December 31, 2020:
December 31, 2020
Type of DerivativesNumber of ContractsAggregate Notional Amount (in thousands)Notional CurrencyMaturityWeighted-Average Years to Maturity
Fx contracts - GBP93428,493GBPJanuary 2021 - December 20242.04
Fx contracts - EUR69239,466EURFebruary 2021 - August 20242.61
Interest rate cap1500,000USDJune 20232.49
Schedule of Amounts Recognized on Consolidated Statements of Operations Related to Company's Derivatives The following table summarizes the amounts recognized on our condensed consolidated statements of operations related to our derivatives for the three and nine months ended September 30, 2021, and 2020 ($ in thousands):
  Amount of gain (loss)
recognized in income
Three months ended September 30,Nine months ended September 30,
Location of Gain (Loss) Recognized in Income2021202020212020
Forward currency contractsUnrealized gain (loss) on derivative instruments $32,376 $(35,076)$40,857 $18,356 
Forward currency contractsRealized gain (loss) on derivative instruments 571 539 (1,204)14,603 
Total$32,947 $(34,537)$39,653 $32,959 
Amount of gain (loss)
recognized in income
Three months ended September 30,Nine months ended September 30,
Location of Gain (Loss) Recognized in Income2021202020212020
Interest rate cap(1)
Unrealized (loss) gain on interest rate cap$(75)$(564)$171 $174 
Interest rate swap(2)
Unrealized gain on interest rate swap— — — 14,470 
Interest rate swap(2)
Realized loss on interest rate swap— — — (53,851)
Total$(75)$(564)$171 $(39,207)
———————
(1)With a notional amount of $500 million at September 30, 2021 and 2020.
(2)With a notional amount of $0 at September 30, 2021 and 2020.
Schedule of Gross Asset and Liability Amounts Related to Derivatives
The following tables summarize the gross asset and liability amounts related to our derivatives at September 30, 2021 and December 31, 2020 ($ in thousands):
September 30, 2021December 31, 2020
Gross
Amount of
Recognized
Asset		Gross
Amounts
Offset in our
Condensed Consolidated Balance Sheet		Net Amounts
of Assets
Presented in
our Condensed Consolidated Balance Sheet		Gross Amount of Recognized LiabilitiesGross
Amounts
Offset in our
Condensed Consolidated Balance Sheet		Net Amounts of Liabilities Presented in our Condensed Consolidated Balance Sheet
Forward currency contracts$19,640 $(10,158)$9,482 $(32,172)$797 $(31,375)
Interest rate cap305 — 305 — 134 134 
Total derivative asset (liability)$19,945 $(10,158)$9,787 $(32,172)$931 $(31,241)