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Derivative Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of derivative instruments | The following table summarizes the terms and fair values of the Company's derivative financial instruments, as well as their classification on the Consolidated Balance Sheets:
|  |  |  |  |  |  |  |  |  |  |  | Fair Value at December 31, |
(in thousands) |  |  |  |  |  |  |  |  |  | Assets (Liabilities) (1) |
Effective Date |  | Maturity Date |  | Notional Amount |  |  | Bank Pays Variable Rate of |  | Regency Pays Fixed Rate of |  |  | 2022 |  |  | 2021 |
4/7/16 |  | 4/1/23 |  | $ | 18,637 |  |  | LIBOR |  |  | 1.303 | % |  | $ | 152 |  |  |  | (175 | )
12/1/16 |  | 11/1/23 |  |  | 31,131 |  |  | SOFR |  |  | 1.490 | % |  |  | 883 |  |  |  | (412 | )
9/17/19 |  | 3/17/25 |  |  | 24,000 |  |  | SOFR |  |  | 1.443 | % |  |  | 1,443 |  |  |  | (364 | )
6/2/17 |  | 6/2/27 |  |  | 35,446 |  |  | SOFR |  |  | 2.261 | % |  |  | 2,158 |  |  |  | (1,907 | )
12/20/19 (2) |  | 12/19/26 |  |  | 24,365 |  |  | LIBOR |  |  | 1.750 | % |  |  | 1,939 |  |  |  | — |
Total derivative financial instruments |  |  |  |  |  |  |  | $ | 6,575 |  |  |  | (2,858 | )
(1) Derivatives in an asset position are included within Other assets in the accompanying Consolidated Balance Sheets, while those in a liability position are included within Accounts payable and other liabilities. (2) The Company assumed this interest rate swap which hedges debt also assumed with the purchase of Baederwood Shoppes in May 2022.
Derivative Instruments, Gain (Loss) | The following table represents the effect of the derivative financial instruments on the accompanying Consolidated Financial Statements:
Location and Amount of Gain (Loss) Recognized in OCI on Derivative |  |  | Location and Amount of Loss (Gain) Reclassified from AOCI into Income |  |  | Total amounts presented in the Consolidated Statements of Operations in which the effects of cash flow hedges are recorded |
|  | Year ended December 31, |  |  |  |  | Year ended December 31, |  |  |  |  | Year ended December 31, |
(in thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |  |  |  |  | 2022 |  |  | 2021 |  |  | 2020 |  |  |  |  | 2022 |  |  | 2021 |  |  | 2020 |
Interest rate swaps |  | $ | 20,061 |  |  |  | 5,391 |  |  |  | (19,187 | ) |  | Interest expense, net |  | $ | 833 |  |  |  | 4,141 |  |  |  | 8,790 |  |  | Interest expense, net |  | $ | 146,186 |  |  |  | 145,170 |  |  |  | 156,678 |
|  |  |  |  |  |  |  |  |  |  | Early extinguishment of debt (1) |  | $ | — |  |  |  | — |  |  |  | 2,472 |  |  | Early extinguishment of debt |  | $ | — |  |  |  | — |  |  |  | 21,837 |
(1) At December 31, 2020, based on intent to repay the Term Loan in January 2021, the Company recognized the Accumulated other comprehensive loss for the Term Loan swap in earnings within Early extinguishment of debt.

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- 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 -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4E -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624181-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
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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 -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 + Details
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