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Derivatives
 3 Months Ended
Mar. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivatives Derivatives
The Company's use of derivative financial instruments has historically been limited to the utilization of interest rate swaps, interest rate caps and foreign exchange contracts. The principal objective of such financial instruments is to minimize the risks and/or costs associated with the Company's operating and financial structure and to manage its exposure to interest rates and foreign exchange rates. The Company may have derivatives that are not designated as hedges because they do not meet the strict hedge accounting requirements. Although not designated as hedges, such derivatives are entered into to manage the Company's exposure to interest rate movements and other identified risks.

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 March 31, 2021 and December 31, 2020 ($ in thousands):(1)
 Derivative Liabilities
As of March 31, 2021Balance Sheet
Location		Fair
Value
Derivatives Designated in Hedging Relationships
Interest rate swapsAccounts payable, accrued expenses and other liabilities$14,178 
Total $14,178 
 Derivative Liabilities
As of December 31, 2020Balance Sheet
Location		Fair
Value
Derivatives Designated in Hedging Relationships
Interest rate swapsAccounts payable, accrued expenses and other liabilities$18,926 
Total $18,926 
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(1)Over the next 12 months, the Company expects that $10.1 million related to cash flow hedges will be reclassified from "Accumulated other comprehensive income (loss)" as an increase to interest expense.
The tables below present the effect of the Company's derivative financial instruments, including the Company's share of derivative financial instruments at certain of its equity method investments, in the consolidated statements of operations and the consolidated statements of comprehensive income (loss) ($ in thousands):
Derivatives Designated in Hedging RelationshipsLocation of Gain (Loss)
When Recognized in Income		Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive IncomeAmount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings
For the Three Months Ended March 31, 2021
Interest rate swapsEarnings from equity method investments$8,656 $(234)
Interest rate swapsInterest expense3,317 (2,104)
For the Three Months Ended March 31, 2020
Interest rate swapsInterest Expense(12,604)(1,088)
Interest rate swapsEarnings from equity method investments(15,172)(226)