Derivative and Hedging Activities (Tables)
6 Months Ended
Jun. 30, 2020
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
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 or recognized in earnings immediately (in thousands):

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Gross amount of loss recognized in AOCL on derivatives

 

$

—

 

 

$

(9,097

)

 

$

—

 

 

$

(14,326

)

Amount of loss reclassified from AOCL to termination of interest rate swaps

 

 

—

 

 

 

343

 

 

 

—

 

 

 

551

 

Amount of loss reclassified from AOCL to interest (1)

 

 

702

 

 

 

—

 

 

 

1,404

 

 

 

—

 

Net reclassification of amounts from (to) AOCL

 

$

702

 

 

$

(8,754

)

 

$

1,404

 

 

$

(13,775

)

(1)

Interest expense for the three and six months ended June 30, 2020 was $26.1 million and $51.5 million, respectively.