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Derivative Instruments (Tables)
 3 Months Ended
Mar. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of interest rate swap contracts

During the three months ended March 31, 2019, the Company entered into the following interest rate swaps:
Date Effective
 
Notional Amount
 
Indexed To
 
Scheduled Maturity
March 29, 2019
 
$100.0 million
 
1 month LIBOR
 
March 31, 2026
March 29, 2019
 
$100.0 million
 
1 month LIBOR
 
March 31, 2026


As of March 31, 2019, the Company had interest rate swap agreements in place to fix interest rates on a portion of its borrowings under debt facilities with floating interest rates as summarized below:
Derivatives
 
Net Notional Amount
 
Weighted Average
Fixed Leg (Pay) Interest Rate
 
Weighted Average
Remaining Term
Interest Rate Swap
 
$1,753.3 million
 
2.24%
 
4.4 years
Schedule of derivatives instruments and their effect on consolidated statements of operations and consolidated statements of comprehensive income
 
 
 
Three Months Ended  
March 31,
Derivative instrument
Financial statement caption
 
2019
 
2018
Non-designated interest rate swaps
Realized (gain) loss on derivative instruments, net
 
$
(704
)
 
$
(248
)
Non-designated interest rate swaps
Unrealized (gain) loss on derivative instruments, net
 
$
986

 
$
(1,186
)
Designated interest rate swaps
Other comprehensive (income) loss
 
$
16,467

 
$
(15,813
)
Designated interest rate swaps
Interest and debt (income) expense
 
$
(2,355
)
 
$
(1,824
)