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Interest Rate Swap Derivatives (Tables) | 12 Months Ended
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Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of balance sheet category and fair values of the derivative instruments | The table below identifies the balance sheet category and fair values of the Company’s designated cash flow hedge derivative instruments and non-designated hedges as of December 31, 2018 and December 31, 2017.
|  |  |  |  | December 31, 2018 |  | December 31, 2017
|  | Swap |  |  | Notional |  |  |  | Balance Sheet |  | Notional |  |  |  | Balance Sheet
|  | Number |  |  | Amount |  | Fair Value |  | Category |  | Amount |  | Fair Value |  | Category
Derivatives designated as hedging instruments
(dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swap |  |  | (1 | ) |  | $ | 75,000 |  | $ | 845 |  | Other Assets |  | $ | 75,000 |  | $ | 598 |  | Other Assets
Interest rate swap |  |  | (2 | ) |  |  | 100,000 |  |  | 1,478 |  | Other Assets |  |  | 100,000 |  |  | 821 |  | Other Assets
Interest rate swap |  |  | (3 | ) |  |  | 75,000 |  |  | 1,404 |  | Other Assets |  |  | 75,000 |  |  | 837 |  | Other Assets
|  |  | Total |  |  | $ | 250,000 |  | $ | 3,727 |  |  |  | $ | 250,000 |  | $ | 2,256 |  |
Derivatives not designated as hedging instruments |
(dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other Contracts |  |  | (1 | ) |  |  | 27,500 |  |  | 59 |  | Other Liabilities |  |  | — |  |  | — |  | Other Liabilities
|  |  | Total |  |  | $ | 27,500 |  | $ | 59 |  |  |  | $ | — |  | $ | — |  |
Schedule of pretax net gains (losses) of dsignated cash flow hedges | The table below presents the pre-tax net gains (losses) of the Company’s cash flow hedges for the years ended December 31, 2018 and December 31, 2017.
|  |  |  |  | Year Ended December 31, 2018 |  |  | Year Ended December 31, 2017 |
|  |  |  |  | Amount of |  |  | Reclassified from AOCI into Income |  |  | Amount of |  |  | Reclassified from AOCI into Income
|  | Swap |  |  | Pre-tax gain |  |  |  |  | Amount of |  |  | Pre-tax (loss) |  |  |  |  | Amount of |
|  | Number |  |  | Recognized in OCI |  |  | Category |  | Gain (Loss) |  |  | Recognized in OCI |  |  | Category |  | (Loss) |
(dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swap |  |  | (1 | ) |  | $ | 528 |  |  | Interest Expense |  | $ | 240 |  |  | $ | 393 |  |  | Interest Expense |  | $ | (400 | )
Interest rate swap |  |  | (2 | ) |  |  | 854 |  |  | Interest Expense |  |  | 198 |  |  |  | 702 |  |  | Interest Expense |  |  | (634 | )
Interest rate swap |  |  | (3 | ) |  |  | 688 |  |  | Interest Expense |  |  | 122 |  |  |  | 260 |  |  | Interest Expense |  |  | (560 | )
|  |  | Total |  |  | $ | 2,070 |  |  |  |  | $ | 560 |  |  | $ | 1,355 |  |  |  |  | $ | (1,594 | )
Schedule of the effect of derivative financial instruments on the Consolidated Statements of Operations | The table below presents the pre-tax net gains (losses ) of the Company’s designated cash flow hedges for the years ended December 31, 2018 and 2017.
|  | Location and Amount of Gain or (Loss) Recognized in Income on Cash Flow Hedging Relationships |
|  | Year Ended December 31, 2018 |  |  | Year Ended December 31, 2017 |
(dollars in thousands) |  | Interest Income (Expense) |  |  | Other Income (Expense) |  |  | Interest Income (Expense) |  |  | Other Income (Expense) |
Total amounts of income and expense line items presented in the Consolidated Statements of Operations in which the effects of cash flow hedges are recorded |  | $ | 560 |  |  | $ | — |  |  | $ | (1,594 | ) |  | $ | — |
The effects of cash flow hedging: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gain or (loss) on cash flow hedging relationships in Subtopic 815-20 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest contracts |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amount of gain or (loss) reclassified from accumulated other comprehensive income into income |  | $ | 560 |  |  | $ | — |  |  | $ | (1,594 | ) |  | $ | — |
Schedule of offsetting liabilities of derivatives | The following table presents the liabilities subject to an enforceable master netting arrangement as of December 31, 2018 and December 31, 2017.
As of December 31, 2018
Offsetting of Derivative Assets (dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |  |  |  |  | Gross Amounts Not Offset in the Balance Sheet |
|  | Gross Amounts of Recognized Assets |  |  | Gross Amounts Offset in the Balance Sheet |  |  | Net Amounts of Assets presented in the Balance Sheet |  |  | Financial Instruments |  |  | Cash Collateral Posted |  |  | Net Amount |
Counterparty 1 |  | $ | 2,948 |  |  | $ | — |  |  | $ | 2,948 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,948 |
Counterparty 2 |  |  | 892 |  |  |  | — |  |  | $ | 892 |  |  |  | — |  |  |  | — |  |  | $ | 892 |
Counterparty 3 |  |  | (59 | ) |  |  | — |  |  | $ | (59 | ) |  |  | — |  |  |  | — |  |  | $ | (59 | )
|  | $ | 3,781 |  |  | $ | — |  |  | $ | 3,781 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,781 |
As of December 31, 2017
Offsetting of Derivative Assets (dollars in thousands) |  |  |  |  |  |  |  |  |  |  |  |
|  |  |  |  |  |  |  |  |  |  |  |  |  | Gross Amounts Not Offset in the Balance Sheet |
|  | Gross Amounts of Recognized Assets |  |  | Gross Amounts Offset in the Balance Sheet |  |  | Net Amounts of Assets presented in the Balance Sheet |  |  | Financial Instruments |  |  | Cash Collateral Posted |  |  | Net Amount |
Counterparty 1 |  | $ | 1,619 |  |  | $ | — |  |  | $ | 1,619 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,619 |
Counterparty 2 |  |  | 582 |  |  |  | — |  |  |  | 582 |  |  |  | — |  |  |  | — |  |  |  | 582 |
|  | $ | 2,201 |  |  | $ | — |  |  | $ | 2,201 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,201 |

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