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ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)
3 Months Ended
Mar. 31, 2024
ACCUMULATED OTHER COMPREHENSIVE LOSS  
Summary of changes in accumulated other comprehensive loss by component

Accumulated other comprehensive loss represents unrealized losses on interest rate swaps (see note 11). The following table summarizes the changes in accumulated other comprehensive loss for the three months ended March 31, 2024 (in thousands).

March 31,

2024

(in thousands)

Beginning balance at December 31, 2023

$

(413)

Reclassification of realized losses on interest rate swaps (1)

20

Ending balance at March 31, 2024

(393)

Less: portion included in noncontrolling interests in the Operating Partnership

2

Total accumulated other comprehensive loss included in equity

$

(391)

(1)See note 11 for additional information about the effects of the amounts reclassified.