XML 41 R32.htm IDEA: XBRL DOCUMENT
v3.23.3

DERIVATIVE INSTRUMENTS (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Derivative Instruments | Certain information related to the Company’s foreign currency forward derivative instruments as of September 30, 2023 and December 31, 2022 is presented below.
| As of September 30, 2023
Derivative Instrument | Notional Amount |  | Maturity Date |  | Gross Amount of Recognized Assets |  | Gross Amount of Recognized Liabilities |  | Balance Sheet Location of Net Amounts
Foreign currency forward contract | CAD | 172 |  |  | 10/27/2023 |  | $ | 129 |  |  | $ | (126) |  |  | Other assets
Foreign currency forward contract | € | 167 |  |  | 10/27/2023 |  | 186 |  |  | (177) |  |  | Other assets
Foreign currency forward contract | CAD | 153 |  |  | 10/19/2023 |  | 113 |  |  | (112) |  |  | Other assets
Foreign currency forward contract | £ | 112 |  |  | 10/27/2023 |  | 145 |  |  | (137) |  |  | Other assets
Foreign currency forward contract | NZD | 68 |  |  | 10/27/2023 |  | 42 |  |  | (41) |  |  | Other assets
Foreign currency forward contract | £ | 25 |  |  | 8/21/2026 |  | 31 |  |  | (30) |  |  | Other assets
Foreign currency forward contract | CAD | 13 |  |  | 10/10/2023 |  | 10 |  |  | (10) |  |  | Accounts payable and other liabilities
Foreign currency forward contract | € | 12 |  |  | 1/26/2024 |  | 13 |  |  | (13) |  |  | Accounts payable and other liabilities
Foreign currency forward contract | € | 10 |  |  | 10/6/2023 |  | 11 |  |  | (11) |  |  | Accounts payable and other liabilities
Foreign currency forward contract | CAD | 1 |  |  | 10/27/2023 |  | — |  |  | — |  |  | Accounts payable and other liabilities
Total |  |  |  |  |  | $ | 680 |  |  | $ | (657) |  |  |
| As of December 31, 2022
Derivative Instrument | Notional Amount |  | Maturity Date |  | Gross Amount of Recognized Assets |  | Gross Amount of Recognized Liabilities |  | Balance Sheet Location of Net Amounts
Foreign currency forward contract | CAD | 264 |  |  | 1/27/2023 |  | $ | 195 |  |  | $ | (196) |  |  | Accounts payable and other liabilities
Foreign currency forward contract | CAD | 242 |  |  | 1/18/2023 |  | 178 |  |  | (179) |  |  | Accounts payable and other liabilities
Foreign currency forward contract | € | 158 |  |  | 1/27/2023 |  | 159 |  |  | (169) |  |  | Accounts payable and other liabilities
Foreign currency forward contract | £ | 125 |  |  | 1/27/2023 |  | 145 |  |  | (151) |  |  | Accounts payable and other liabilities
Foreign currency forward contract | NZD | 59 |  |  | 1/27/2023 |  | 34 |  |  | (37) |  |  | Accounts payable and other liabilities
Foreign currency forward contract | CAD | 17 |  |  | 1/27/2023 |  | 12 |  |  | (12) |  |  | Accounts payable and other liabilities
Total |  |  |  |  |  | $ | 723 |  |  | $ | (744) |  |  |
Schedule of Net Realized and Unrealized Gains (Losses) on Derivative Instruments | Net realized gains and losses on derivative instruments not designated as a qualifying hedge accounting relationship recognized by the Company for the three and nine months ended September 30, 2023 and 2022 is in the following location in the consolidated statements of operations:
|  | For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
Derivative Instrument | Statement Location | 2023 |  | 2022 |  | 2023 |  | 2022 |  |
Foreign currency forward contract | Net realized gains (losses) from foreign currency and other transactions | $ | (7) |  |  | $ | 22 |  |  | (39) |  |  | $ | 36 |  |  |
Total |  | $ | (7) |  |  | $ | 22 |  |  | $ | (39) |  |  | $ | 36 |  |  |
Net unrealized gains and losses on derivative instruments not designated as a qualifying hedge accounting relationship recognized by the Company for the three and nine months ended September 30, 2023 and 2022 is in the following location in the consolidated statements of operations:
|  | For the Three Months Ended September 30, |  | For the Nine Months Ended September 30, |
Derivative Instrument | Statement Location | 2023 |  | 2022 |  | 2023 |  | 2022 |  |
Foreign currency forward contract | Net unrealized gains (losses) from foreign currency and other transactions | $ | 26 |  |  | $ | 31 |  |  | $ | 44 |  |  | $ | 52 |  |  |
Total |  | $ | 26 |  |  | $ | 31 |  |  | $ | 44 |  |  | $ | 52 |  |  |
Schedule of Interest Rate Swap Derivative Instruments | The balance sheet impact of fair valuing the interest rate swap as of September 30, 2023 is presented below:
| As of September 30, 2023
Derivative Instrument | Notional Amount |  | Maturity Date |  | Gross Amount of Recognized Assets |  | Gross Amount of Recognized Liabilities |  | Balance Sheet Location of Amounts
Interest rate swap(1) | $ | 600 |  |  | 1/15/2027 |  | $ | — |  |  | $ | (5) |  |  | Accounts payable and other liabilities
________________________________________ (1)The liability related to the fair value of the interest rate swap is offset by a $5 reduction to the carrying value of the January 2027 Notes.

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4E Reference 2: 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 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4A + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for fair value hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the 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 4C -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C + Details
Name: | us-gaap_ScheduleOfFairValueHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the presentation of foreign exchange contracts on the statement of financial position, including the fair value amounts and location of such amounts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4B + Details
Name: | us-gaap_ScheduleOfForeignExchangeContractsStatementOfFinancialPositionTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration