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Risk Management and Derivatives (Tables)
12 Months Ended
Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Schedule of fair value of derivative financial instruments as well as their classification on Consolidated Balance Sheets
The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the Consolidated Balance Sheets as of December 31, 2014 and 2013 ($ in thousands):
 
Derivative Assets as of December 31,
 
Derivative Liabilities as of December 31,
 
2014
 
2013
 
2014
 
2013
 
Balance Sheet
Location
 
Fair
Value
 
Balance Sheet
Location
 
Fair
Value
 
Balance Sheet
Location
 
Fair
Value
 
Balance Sheet
Location
 
Fair
Value
Derivatives Designated in Hedging Relationships
 
 
 
 
 
 
 
 
 
 
 
 
Foreign exchange contracts
Other Assets
 
$

 
Other Assets
 
$
393

 
Other Liabilities
 
$
478

 
N/A
 
$

Interest rate swaps
Other Assets
 
52

 
Other Assets
 
650

 
N/A
 

 
N/A
 

Interest rate cap
Other Assets
 

 
Other Assets
 
9,107

 
N/A
 

 
N/A
 

Total
 
 
$
52

 
 
 
$
10,150

 
 
 
$
478

 
 
 
$

Derivatives not Designated in Hedging Relationships
 
 
 
 
 
 
 
 
 
 
 
 
Foreign exchange contracts
Other Assets
 
$
1,534

 
Other Assets
 
$
1,025

 
N/A
 
$

 
Other Liabilities
 
$
1,653

Interest rate cap
Other Assets
 
$
4,775

 
N/A
 
$

 
N/A
 
$

 
N/A
 
$

Total
 
 
$
6,309

 
 
 
$
1,025

 
 
 
$

 
 
 
$
1,653

Schedule of derivative financial instruments on Consolidated Statements of Operations
The tables below present the effect of the Company's derivative financial instruments on the Consolidated Statements of Operations and the Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2014, 2013 and 2012 ($ in thousands):
Derivatives Designated in Hedging Relationships
 
Location of Gain (Loss)
Recognized in Income
 
Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Effective Portion)
 
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings (Effective Portion)
 
Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings
 (Ineffective Portion)
For the Year Ended December 31, 2014
 
 
 
 
 
 
Interest rate cap
 
Interest Expense
 
$

 
$
(56
)
 
N/A

Interest rate cap
 
Other Expense
 
(2,984
)
 

 
(3,634
)
Interest rate cap
 
Earnings from equity method investments
 
(9
)
 

 
N/A

Interest rate swaps
 
Interest Expense
 
(970
)
 
(6
)
 
N/A

Interest rate swap
 
Earnings from equity method investments
 
(753
)
 
(420
)
 
N/A

Foreign exchange contracts
 
Earnings from equity method investments
 
(471
)
 

 
N/A

For the Year Ended December 31, 2013
 
 
 
 
 
 
Interest rate cap
 
Interest Expense
 
(1,517
)
 

 
N/A

Interest rate swap
 
Interest Expense
 
869

 
(310
)
 
N/A

Foreign exchange contracts
 
Earnings from equity method investments
 
393

 

 
N/A

For the Year Ended December 31, 2012
 
 

 
 

 
 

Interest rate swap
 
Interest Expense
 
(968
)
 
44

 
N/A


 
 
 
 
Amount of Gain or (Loss) Recognized in Income
 
 
Location of Gain or
(Loss) Recognized in
Income
 
For the Years Ended December 31,
Derivatives not Designated in Hedging Relationships
 
2014
 
2013
 
2012
Interest rate cap
 
Other Expense
 
$
(1,347
)
 
$

 
$

Foreign exchange contracts
 
Other Expense
 
7,257

 
880

 
(8,920
)
Foreign exchange contracts | Designated as hedge  
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Schedule of notional amounts of outstanding derivative positions
As of December 31, 2014, the Company had the following outstanding foreign currency derivatives that were used to hedge its net investments in foreign operations that were designated ($ in thousands):
Derivative Type
 
Notional
Amount
 
Notional
(USD Equivalent)
 
Maturity
Sells INR/Buys USD Forward
 
456,000

 
$
6,534

 
June 2015
Foreign exchange contracts | Not designated as hedge  
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Schedule of notional amounts of outstanding derivative positions
As of December 31, 2014, the Company had the following outstanding foreign currency derivatives that were used to hedge its net investments in foreign operations that were not designated ($ in thousands):
Derivative Type
 
Notional
Amount
 
Notional
(USD Equivalent)
 
Maturity
Sells euro ("EUR")/Buys USD Forward
 
18,800

 
$
23,807

 
January 2015
Sells pound sterling ("GBP")/Buys USD Forward
 
£
3,000

 
$
4,830

 
January 2015
Sells Canadian dollar ("CAD")/Buys USD Forward
 
C$
10,000

 
$
8,933

 
January 2015
Interest rate cap  
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Schedule of notional amounts of outstanding derivative positions
As of December 31, 2014, the Company had the following outstanding interest rate cap that was used to hedge its variable rate debt that was not designated ($ in thousands):
Derivative Type
 
Notional
Amount
 
Variable Rate
 
Fixed Rate
 
Effective Date
 
Maturity
Interest rate cap
 
$
500,000

 
LIBOR
 
1.00%
 
July 2014
 
July 2017
Interest rate swap  
Derivative Instruments and Hedging Activities Disclosures [Line Items]  
Schedule of notional amounts of outstanding derivative positions
As of December 31, 2014, the Company had the following outstanding interest rate swap that was used to hedge its variable rate debt that was designated ($ in thousands):
Derivative Type
 
Notional
Amount
 
Variable Rate
 
Fixed Rate
 
Effective Date
 
Maturity
Interest rate swap
 
$
27,456

 
LIBOR + 2.00%
 
3.47%
 
October 2012
 
November 2019