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Derivative and Hedging Activities (Tables) | 9 Months Ended
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Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Notional Amounts of Outstanding Derivative Positions | As of September 30, 2023, we had the following interest rate swap derivatives:
Effective Date |  | Notional Amount |  | Fixed Rate |  | Maturity Date
|  | (in millions) |  |  |  |
April 28, 2023 |  | $ | 200.0 |  |  | 0.46 | % |  | December 31, 2025
April 28, 2023 |  | 100.0 |  |  | 1.32 | % |  | December 31, 2025
April 28, 2023 |  | 100.0 |  |  | 1.32 | % |  | December 31, 2025
December 31, 2025 |  | 300.0 |  |  | 3.06 | % |  | December 14, 2028
December 31, 2025 |  | 100.0 |  |  | 2.93 | % |  | December 14, 2028
As of December 31, 2022, we had the following interest rate swap derivatives:
Effective Date |  | Notional Amount |  | Fixed Rate |  | Maturity Date
|  | (in millions) |  |  |  |
July 30, 2021 |  | $ | 200.0 |  |  | 0.51 | % |  | December 31, 2025
December 31, 2021 |  | 100.0 |  |  | 1.37 | % |  | December 31, 2025
December 31, 2021 |  | 100.0 |  |  | 1.37 | % |  | December 31, 2025
December 31, 2025 |  | 300.0 |  |  | 3.09 | % |  | December 14, 2028
December 31, 2025 |  | 100.0 |  |  | 2.98 | % |  | December 14, 2028
Derivative Instruments, Gain (Loss) | The following table summarizes amounts recorded to interest expense, net included in the Condensed Consolidated Statements of Operations and Comprehensive Income related to our interest rate swaps (in thousands):
| Three months ended September 30, |  | Nine months ended September 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
(Benefit) associated with swap net settlements | $ | (4,457) |  |  | $ | (1,303) |  |  | $ | (12,187) |  |  | $ | (344) |
Expense associated with amortization of amended/terminated swaps | 1,124 |  |  | 1,127 |  |  | 3,342 |  |  | 2,796 |

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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 -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
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