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Derivatives (Tables)

9 Months Ended

Sep. 30, 2017

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 ($ in thousands):

	Derivative Assets as of												Derivative Liabilities as of
	September 30, 2017						December 31, 2016						September 30, 2017						December 31, 2016
	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	N/A		$	—			N/A		$	—			Other Liabilities		$	18			Other Liabilities		$	8
Interest rate swaps	Other Assets		76				N/A		—				N/A		—				Other Liabilities		39
Total			$	76					$	—					$	18					$	47
Derivatives not Designated in Hedging Relationships
Foreign exchange contracts	N/A		$	—			Other Assets		$	702			N/A		$	—			N/A		$	—
Interest rate cap	N/A		—				Other Assets		25				N/A		—				N/A		—
Total			$	—					$	727					$	—					$	—

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) ($ 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 Three Months Ended September 30, 2017
Interest rate swaps		Interest Expense		15			(16	)		N/A
Interest rate cap		Earnings from equity method investments		(2	)		(2	)		N/A
Interest rate swap		Earnings from equity method investments		(69	)		(38	)		N/A
Foreign exchange contracts		Earnings from equity method investments		(1	)		—			N/A
For the Three Months Ended September 30, 2016
Interest rate cap		Earnings from equity method investments		(1	)		(1	)		N/A
Interest rate swaps		Interest Expense		126			(19	)		N/A
Interest rate swap		Earnings from equity method investments		124			(92	)		N/A
Foreign exchange contracts		Earnings from equity method investments		(150	)		—			N/A
For the Nine Months Ended September 30, 2017
Interest rate swaps		Interest Expense		439			339			N/A
Interest rate cap		Earnings from equity method investments		(16	)		(16	)		N/A
Interest rate swap		Earnings from equity method investments		(85	)		(188	)		N/A
Foreign exchange contracts		Earnings from equity method investments		(371	)		—			N/A
For the Nine Months Ended September 30, 2016
Interest rate cap		Interest Expense		—			(185	)		N/A
Interest rate cap		Earnings from equity method investments		(2	)		—			N/A
Interest rate swaps		Interest Expense		(568	)		(17	)		N/A
Interest rate swap		Earnings from equity method investments		(500	)		(284	)		N/A
Foreign exchange contracts		Earnings from equity method investments		(199	)		—			N/A

				Amount of Gain (Loss) Recognized in Income
		Location of Gain (Loss) Recognized in Income		For the Three Months Ended September 30,								For the Nine Months Ended September 30,
Derivatives not Designated in Hedging Relationships				2017				2016				2017				2016
Interest rate cap		Other Expense		$	—			$	(4	)		$	6			$	(1,059	)
Foreign exchange contracts		Other Expense		(199		)		65				(970		)		406

Foreign exchange contracts | Designated as hedge

Derivative Instruments and Hedging Activities Disclosures [Line Items]

Schedule of notional amounts of outstanding derivative positions

As of September 30, 2017, the Company had the following outstanding foreign currency derivatives that were used to hedge its net investments in foreign operations that were designated ($ and Rs in thousands):

Derivative Type		Notional Amount				Notional (USD Equivalent)				Maturity
Sells Indian rupee ("INR")/Buys USD Forward		₨	350,000			$	5,339			October 2017

Interest rate swap

Derivative Instruments and Hedging Activities Disclosures [Line Items]

Schedule of notional amounts of outstanding derivative positions

As of September 30, 2017, the Company had the following outstanding interest rate swap that was used to hedge its variable rate debt that was designated as a cash flow hedge ($ in thousands):

Derivative Type

Notional Amount

Variable Rate

Fixed Rate

Effective Date

Maturity

Interest rate swap

$

25,977

LIBOR + 2.00%

3.47%

October 2012

November 2019

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Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624171-113959

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
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+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5624163-113959

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Tabular disclosure of the notional amounts of outstanding derivative positions.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=84234895&loc=SL5579245-113959

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