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Derivatives (Tables)
 12 Months Ended
Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Foreign Currency Derivative Contracts Outstanding As of December 31, 2019, we had the following foreign currency derivative contracts outstanding in U.S. dollars (in thousands):
December 31, 2019
NotionalContractualSettlement
Derivative ContractsAmountExchange RateDate
Canadian dollar$948 1.31823/16/2020
Euro9,279 1.11803/17/2020
Norwegian krone11,027 9.06883/17/2020
Pound sterling16,057 1.33813/17/2020
Impact of Derivative Contracts on Condensed Consolidated Balance Sheets The following table summarizes the location and fair value amounts of all derivative contracts in the consolidated balance sheets as of December 31, 2020 and 2019 (in thousands):
Derivatives not designated as Hedging InstrumentsConsolidated Balance Sheet LocationDecember 31, 2020December 31, 2019
Foreign currency contractsAccounts payable and accrued liabilities$— $(324)
Impact of Derivative Contracts on Condensed Consolidated Statements of Operations The following table summarize the location and amounts of the unrealized and realized gains and losses on derivative contracts in the consolidated statements of operations as of December 31, 2020, 2019 and 2018 (in thousands):
Derivatives not designated as Hedging InstrumentsLocation of gain (loss) recognized in income on derivative contractsDecember 31, 2020December 31, 2019December 31, 2018
Unrealized gain (loss) on foreign currency contractsOther income, net$— $(222)$386 
Realized gain on foreign currency contractsOther income, net1,475 320 1,661 
Total net gain on foreign currency contracts$1,475 $98 $2,047 
Schedule of Derivative Assets, Gross and Net Fair Values The following table presents the gross and net fair values of our derivatives as of December 31, 2020 and 2019 (in thousands):
Derivative Asset PositionsDerivative Liability Positions
December 31,December 31,
2020201920202019
Gross position - asset / (liability)$— $127 $— $(451)
Netting adjustment— (127)— 127 
Net position - asset / (liability)$— $— $— $(324)
Schedule of Derivative Liabilities, Gross and Net Fair Values The following table presents the gross and net fair values of our derivatives as of December 31, 2020 and 2019 (in thousands):
Derivative Asset PositionsDerivative Liability Positions
December 31,December 31,
2020201920202019
Gross position - asset / (liability)$— $127 $— $(451)
Netting adjustment— (127)— 127 
Net position - asset / (liability)$— $— $— $(324)