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DERIVATIVES AND HEDGING INSTRUMENTS (Tables) | 9 Months Ended
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Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Financial Instruments, Designated as Cash Flow Hedges | The table below presents information about our interest rate swaps, designated as cash flow hedges, included in the consolidated balance sheets:
|  |  |  |  |  |  |  | Fair Values
Derivative Financial Instruments |  | Balance Sheet Location |  | Weighted-Average Fixed Rate of Interest at September 30, 2024 |  | Range of Maturity Dates at September 30, 2024 |  | September 30, 2024 |  | December 31, 2023
|  |  |  |  |  |  |  | (in thousands)
Interest rate swaps (Notional of $1.5 billion at September 30, 2024 and December 31, 2023) |  | Other noncurrent liabilities |  | 4.26% |  | April 17, 2027 - August 17, 2027 |  | $ | 34,172 |  |  | $ | 28,187 |
Schedule of Derivative Instrument Effects on Income | The table below presents the effects of our interest rate swaps on the consolidated statements of income and statements of comprehensive income for the three and nine months ended September 30, 2024 and 2023:
| Three Months Ended |  | Nine Months Ended
| September 30, 2024 |  | September 30, 2023 |  | September 30, 2024 |  | September 30, 2023
| (in thousands)
Net unrealized gains (losses) recognized in other comprehensive income (loss) | $ | (31,811) |  |  | $ | 22,993 |  |  | $ | 6,234 |  |  | $ | 15,020 |
Net unrealized gains reclassified out of other comprehensive income (loss) to interest expense | $ | 2,786 |  |  | $ | 2,375 |  |  | $ | 8,067 |  |  | $ | 1,890 |

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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B + Details
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- Definition Tabular disclosure of interest rate derivatives, including, but not limited to, the fair value of the derivatives, statement of financial position location, and statement of financial performance location of these instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C + Details
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