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Risk Management and Derivatives (Tables)

12 Months Ended

Dec. 31, 2015

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, 2015 and 2014 ($ in thousands):

	Derivative Assets as of December 31,												Derivative Liabilities as of December 31,
	2015						2014						2015						2014
	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		$	39			N/A		$	—			N/A		$	—			Other Liabilities		$	478
Interest rate swaps	N/A		—				Other Assets		52				Other Liabilities		131				N/A		—
Total			$	39					$	52					$	131					$	478
Derivatives not Designated in Hedging Relationships
Foreign exchange contracts	Other Assets		$	378			Other Assets		$	1,534			N/A		$	—			N/A		$	—
Interest rate cap	Other Assets		1,105				Other Assets		4,775				N/A		—				N/A		—
Total			$	1,483					$	6,309					$	—					$	—

Schedule of derivative financial instruments on Consolidated Statements of Operations

The tables below present the effect of the Company's derivative financial instruments in the consolidated statements of operations and the consolidated statements of comprehensive income (loss) for the years ended December 31, 2015, 2014 and 2013 ($ 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, 2015
Interest rate cap		Interest Expense		$	—			$	(626	)		N/A
Interest rate cap		Earnings from equity investments		(13		)		(1		)		N/A
Interest rate swaps		Interest Expense		(537		)		170				N/A
Interest rate swaps		Earnings from equity investments		(528		)		(464		)		N/A
Foreign exchange contracts		Earnings from equity investments		(124		)		—				N/A
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

				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				2015				2014				2013
Interest rate cap		Other Expense		$	(3,671	)		$	(1,347	)		$	—
Foreign exchange contracts		Other Expense		2,403				7,257				880

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, 2015, the Company had the following outstanding foreign currency derivatives that were used to hedge its net investments in foreign operations that were designated (Rs and $ in thousands):

Derivative Type		Notional Amount				Notional (USD Equivalent)				Maturity
Sells INR/Buys USD Forward		₨	456,000			$	6,553			December 2016

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, 2015, the Company had the following outstanding foreign currency derivatives that were used to hedge its net investments in foreign operations that were not designated ($, €, and £ in thousands):

Derivative Type		Notional Amount				Notional (USD Equivalent)				Maturity
Sells euro ("EUR")/Buys USD Forward		€	5,700			$	6,439			January 2016
Sells pound sterling ("GBP")/Buys USD Forward		£	3,000			$	4,557			January 2016

Interest rate cap

Derivative Instruments and Hedging Activities Disclosures [Line Items]

Schedule of notional amounts of outstanding derivative positions

As of December 31, 2015, 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, 2015, 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

$

26,935

LIBOR + 2.00%

3.47%

October 2012

November 2019

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959

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-Name Accounting Standards Codification
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-Publisher FASB
-Name Accounting Standards Codification
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