RubyMine 2018.2 run console outputting only 80 characters and no colors

Hello,

After updating to 2018.2 today, I encountered the following issue with the run window:

• Output is word wrapped at 80 characters - 2018.1 didn't have this problem
• Output is no longer showing colors (using colorize gem) - colors were shown fine in 2018.1

I can't see, to find any settings that would allow reverting the behavior; here is a screenshot of the issue: http://prntscr.com/kffwmy

Any thoughts or help would be appreciated.