Derivative and Hedging Activities (Tables)
 3 Months Ended
Mar. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Swap Agreements
The following table summarizes the notional amount and fair value of these instruments (dollars in thousands), which are recorded in accounts payable, accrued expenses and other liabilities on the Company's consolidated balance sheets (dollars in thousands):
 
 
 
 
 
 
 
 
 
 
Fair Value of Liability
Derivatives Designated as Hedging Instruments
 
Notional
Amount
 
Fixed Interest
Rate
 
Effective
Date
 
Maturity
Date
 
March 31,
2019
 
December 31,
2018
Interest Rate Swap
 
$
200

 
2.8140
%
 
02/01/19
 
02/01/24
 
$
6,071

 
$
3,559

Interest Rate Swap
 
$
100

 
2.8174
%
 
02/01/19
 
02/01/24
 
$
3,055

 
$
1,801

Interest Rate Swap
 
$
100

 
2.8180
%
 
02/01/19
 
02/01/24
 
$
3,054

 
$
1,799

 
 
 
 
 
 
 
 
 
 
$
12,180

 
$
7,159
Summary of Amounts Recorded in AOCL
The following table provides information about the amounts recorded in AOCL, as well as the loss recorded in operations, when reclassified out of AOCL, for the three months ended March 31, 2019 (in thousands):
 
 
Three Months Ended March 31,
 
 
2019
Gross Amount of Loss Recognized in AOCL on Derivatives
 
$
5,229

Amount of Loss Reclassified from AOCL to Interest (1)
 
$
208