XML 28 R15.htm IDEA: XBRL DOCUMENT
v3.23.2

Accumulated Other Comprehensive Income | 6 Months Ended
--- | ---
Jun. 30, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Accumulated Other Comprehensive Income | Accumulated Other Comprehensive Income The following table summarizes the changes in accumulated other comprehensive income by component for the Company and the Operating Partnership for the six months ended June 30, 2023:
| Derivative Instruments |  | Accumulated Other Comprehensive Income of the Operating Partnership |  | Comprehensive (Loss) Income Attributable to Noncontrolling Interest of the Company |  | Accumulated Other Comprehensive Income of the Company
Balance as of December 31, 2022 | $ | 34,186 |  |  | $ | 34,186 |  |  | $ | (774) |  |  | $ | 33,412 |
Other Comprehensive Income Before Reclassifications | 14,189 |  |  | 14,189 |  |  | (214) |  |  | 13,975 |
Amounts Reclassified from Accumulated Other Comprehensive Income | (9,168) |  |  | (9,168) |  |  | — |  |  | (9,168) |
Net Current Period Other Comprehensive Income | 5,021 |  |  | 5,021 |  |  | (214) |  |  | 4,807 |
Balance as of June 30, 2023 | $ | 39,207 |  |  | $ | 39,207 |  |  | $ | (988) |  |  | $ | 38,219 |
The following table summarizes the reclassifications out of accumulated other comprehensive income for both the Company and the Operating Partnership for the three and six months ended June 30, 2023 and 2022:
|  | Amounts Reclassified from Accumulated Other Comprehensive (Income) Loss |  |
Details about Accumulated Other Comprehensive Income Components |  | Three Months Ended June 30, 2023 |  | Three Months Ended June 30, 2022 |  | Six Months Ended June 30, 2023 |  | Six Months Ended June 30, 2022 |  | Affected Line Items in the Consolidated Statements of Operations
Derivative Instruments: |  |  |  |  |  |  |  |  |  |
Amortization of Previously Settled Derivative Instruments |  | $ | 103 |  |  | $ | 103 |  |  | $ | 205 |  |  | $ | 205 |  |  | Interest Expense
Net Settlement (Receipts) Payments to our Counterparties |  | (5,272) |  |  | 786 |  |  | (9,373) |  |  | 2,273 |  |  | Interest Expense
Total |  | $ | (5,169) |  |  | $ | 889 |  |  | $ | (9,168) |  |  | $ | 2,478 |  |  |
The changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in other comprehensive income and is subsequently reclassified to earnings through interest expense over the life of the derivative or over the life of the debt. In the next 12 months, we expect to amortize approximately $410 into net income by increasing interest expense for derivative instruments we settled in previous periods. Additionally, recurring settlement amounts on the 2021 Swaps, the 2022 Swaps and the 2022 II Swaps (all defined in Note 10) will also be reclassified to net income.

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

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//220/tableOfContent + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration