Derivative Financial Instrument
|9 Months Ended|
Sep. 30, 2021
|Derivative Instruments And Hedging Activities Disclosure [Abstract]|
|Derivative Financial Instruments||
5. DERIVATIVE FINANCIAL INSTRUMENTS
The gross notional amount of interest rate swap derivative contracts not designated as hedging instruments, outstanding as of September 30, 2021 and December 31, 2020, was €6.7 million ($7.8 million) and €9.5 million ($11.6 million), respectively.
The amount and location of the gains (losses) in the condensed 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 condensed 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