Derivative Financial Instrument
|12 Months Ended|
Dec. 31, 2020
|Derivative Instruments And Hedging Activities Disclosure [Abstract]|
|Derivative Financial Instruments||
4. DERIVATIVE FINANCIAL INSTRUMENTS
The gross notional amount of derivative contracts not designated as hedging instruments, outstanding as of December 31, 2020, was €9.5 million ($11.6 million) for interest rate swap, while the gross notional amount of our derivative contracts not designated as hedging instruments, outstanding as of December 31, 2019 was €6.3 million ($7.0 million) for interest rate swap.
The amount and location of the gains (losses) in the consolidated statements of operations related to derivative contracts is as follows (in thousands):
The following table presents the fair value and the location of, derivative contracts reported in the consolidated balance sheets (in thousands):
The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef