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Derivatives (Tables) | 12 Months Ended
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Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Foreign Currency Derivative Contracts | As of December 31, 2016 and 2015, we had the following foreign currency derivative contracts outstanding in U.S. dollars (in thousands):
|  | December 31, 2016
|  | Notional |  | Contractual |  | Settlement
Derivative Contracts |  | Amount |  | Exchange Rate |  | Date
Canadian dollar |  | $ | 4,553 |  |  | 1.3179 |  | 3/14/17
Euro |  | 4,753 |  |  | 1.0563 |  | 3/14/17
Euro |  | 2,558 |  |  | 1.0659 |  | 1/13/17
Norwegian kroner |  | 3,643 |  |  | 8.5101 |  | 3/14/17
Pound sterling |  | 3,908 |  |  | 1.2607 |  | 3/14/17
|  | December 31, 2015
|  | Notional |  | Contractual |  | Settlement
Derivative Contracts |  | Amount |  | Exchange Rate |  | Date
Canadian dollar |  | $ | 5,091 |  |  | 1.3751 |  | 1/13/16
Euro |  | 19,706 |  |  | 1.0948 |  | 1/13/16
Norwegian kroner |  | 11,498 |  |  | 8.6973 |  | 1/13/16
Pound sterling |  | 7,516 |  |  | 1.5031 |  | 1/13/16
Schedule of Fair Value by Balance Sheet Location | The following table summarizes the location and fair value amounts of all derivative contracts in the consolidated balance sheets as of December 31, 2016 and 2015 (in thousands):
Derivatives not designated as Hedging Instruments |  | Consolidated Balance Sheet Location |  | December 31, 2016 |  | December 31, 2015
Foreign currency contracts |  | Accounts receivable, net |  | $ | 146 |  |  | $ | 210 |
Impact of Derivative Instruments on the Income Statement | The following table summarize the location and amounts of the unrealized gains on derivative contracts in the consolidated statements of operations as of December 31, 2016 and 2015 (in thousands):
Derivatives not designated as Hedging Instruments |  | Location of gain (loss) recognized in income on derivative contracts |  | December 31, 2016 |  | December 31, 2015
Unrealized gain (loss) on foreign currency contracts |  | Other income |  | $ | (64 | ) |  | $ | 210 |
Realized loss on foreign currency contracts |  | Other income |  | (296 | ) |  | — |
Total net income (loss) on foreign currency contracts |  |  |  | $ | (360 | ) |  | $ | 210 |
Offsetting Assets | The following table presents the gross and net fair values of our derivatives as of December 31, 2016 and 2015 (in thousands):
|  | Derivative Asset Positions |  | Derivative Liability Positions
|  | December 31, |  | December 31,
|  | 2016 |  | 2015 |  | 2016 |  | 2015
Gross position - asset / (liability) |  | $ | 181 |  |  | $ | 316 |  |  | $ | (35 | ) |  | $ | (106 | )
Netting adjustment |  | (35 | ) |  | (106 | ) |  | 35 |  |  | 106 |
Net position - asset / (liability) |  | $ | 146 |  |  | $ | 210 |  |  | $ | — |  |  | $ | — |
Offsetting Liabilities | The following table presents the gross and net fair values of our derivatives as of December 31, 2016 and 2015 (in thousands):
|  | Derivative Asset Positions |  | Derivative Liability Positions
|  | December 31, |  | December 31,
|  | 2016 |  | 2015 |  | 2016 |  | 2015
Gross position - asset / (liability) |  | $ | 181 |  |  | $ | 316 |  |  | $ | (35 | ) |  | $ | (106 | )
Netting adjustment |  | (35 | ) |  | (106 | ) |  | 35 |  |  | 106 |
Net position - asset / (liability) |  | $ | 146 |  |  | $ | 210 |  |  | $ | — |  |  | $ | — |

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