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Derivative Instruments and Hedging Activities (Tables)
 9 Months Ended
Sep. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Instruments Not Designated
The following table presents the fair value of derivative instruments and their location in our condensed consolidated balance sheets at September 30, 2019 and December 31, 2018, respectively (dollar amounts in thousands):

Type of Derivative Instrument
 
Balance Sheet Location
 
September 30, 2019
 
December 31, 2018
Interest rate swaps (1)
 
Derivative assets
 
$
20,673

 
$
10,263



(1) 
All of the Company's interest rate swaps outstanding are cleared through a central clearing house. The Company exchanges variation margin for swaps based upon daily changes in fair value. As a result of amendments to rules governing certain central clearing activities, the exchange of variation margin is treated as a legal settlement of the exposure under the swap contract. Previously, such payments were treated as cash collateral pledged against the exposure under the swap contract. Accordingly, the Company accounted for the receipt or payment of variation margin as a direct reduction to or increase of the carrying value of the interest rate swap asset or liability on the Company's condensed consolidated balance sheets. Includes $40.4 million of derivative liabilities netted against a variation margin of $61.1 million at September 30, 2019. Includes $1.8 million of derivative assets and variation margin of $8.5 million at December 31, 2018.
Schedule Of Derivative Instruments Volume Activity
The tables below summarize the activity of derivative instruments not designated as hedges for the nine months ended September 30, 2019 and 2018, respectively (dollar amounts in thousands):
 
 
Notional Amount For the Nine Months Ended September 30, 2019
Type of Derivative Instrument
 
December 31, 2018
 
Additions
 
Settlement,
Expiration
or Exercise 
 
September 30, 2019
Interest rate swaps
 
$
495,500

 
$
—

 
$
—

 
$
495,500


 
 
Notional Amount For the Nine Months Ended September 30, 2018
Type of Derivative Instrument
 
December 31, 2017
 
Additions
 
Settlement,
Expiration
or Exercise 
 
September 30, 2018
Interest rate swaps
 
$
345,500

 
$
50,000

 
$
—

 
$
395,500


    
Schedule of Components of Realized and Unrealized Gains and Losses The following table presents the components of unrealized gains (losses), net related to our derivative instruments that were not designated as hedging instruments, which are included in the non-interest income category in our condensed consolidated statements of operations for the three and nine months ended September 30, 2019 and 2018 (dollar amounts in thousands):

 
 
Three Months Ended September 30,
 
 
2019
 
2018
Interest rate swaps
 
$
(12,595
)
 
$
2,275

Total
 
$
(12,595
)
 
$
2,275

 
 
 
 
 
Nine Months Ended September 30,
 
 
2019
 
2018
Interest rate swaps
 
$
(42,188
)
 
$
16,379

Total
 
$
(42,188
)
 
$
16,379
Schedule of Interest Rate Swaps, Variable and Fixed Interest Rates
The following table presents information about our interest rate swaps whereby we receive floating rate payments in exchange for fixed rate payments as of September 30, 2019 and December 31, 2018, respectively (dollar amounts in thousands):

 
 
September 30, 2019
 
December 31, 2018
Swap Maturities 
 
Notional
Amount
 
Weighted Average
Fixed Interest Rate
 
Weighted Average
Variable Interest Rate
 
Notional
Amount
 
Weighted Average
Fixed
Interest Rate
 
Weighted Average
Variable Interest Rate
2024
 
$
98,000

 
2.18
%
 
2.30
%
 
$
98,000

 
2.18
%
 
2.45
%
2027
 
247,500

 
2.39
%
 
2.30
%
 
247,500

 
2.39
%
 
2.53
%
2028
 
150,000

 
3.23
%
 
2.21
%
 
150,000

 
3.23
%
 
2.53
%
Total
 
$
495,500

 
2.60
%
 
2.27
%
 
$
495,500

 
2.60
%
 
2.52
%