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v3.22.2.2

DERIVATIVE INSTRUMENTS, HEDGING ACTIVITIES AND OTHER COMPREHENSIVE INCOME - Summary of Terms and Fair Value of Derivative Financial Instruments (Details) $ in Thousands | 9 Months Ended |
--- | --- | ---
Sep. 30, 2022 USD ($) instrument | Dec. 31, 2021 USD ($)
Interest Rate Swap | Cash Flow |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Derivative, notional amount | $ 820,000 |
Fair value assets (liabilities) | $ 31,281 | $ (32,117)
$250M Interest Rate Swap Maturing in 2025 | Cash Flow |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Number of interest rate swap contracts | instrument | 4 |
Derivative, notional amount | $ 250,000 |
Fair value assets (liabilities) | $ 7,243 | (18,282)
$250M Interest Rate Swap Maturing in 2025 | Cash Flow | LIBOR |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Effective interest rate | 3.09% |
$100M Interest Rate Swap Maturing in 2025 | Cash Flow |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Number of interest rate swap contracts | instrument | 2 |
Derivative, notional amount | $ 100,000 |
Fair value assets (liabilities) | $ 3,645 | 0
$100M Interest Rate Swap Maturing in 2025 | Cash Flow | SOFR |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Effective interest rate | 2.66% |
$200M Interest Rate Swap Maturing in 2023 | Cash Flow |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Number of interest rate swap contracts | instrument | 2 |
Derivative, notional amount | $ 200,000 |
Fair value assets (liabilities) | $ 3,295 | (7,769)
$200M Interest Rate Swap Maturing in 2023 | Cash Flow | SOFR |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Effective interest rate | 2.72% |
$120M Interest Rate Swap Maturing in 2024 | Cash Flow |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Number of interest rate swap contracts | instrument | 3 |
Derivative, notional amount | $ 120,000 |
Fair value assets (liabilities) | $ 5,414 | (2,190)
$120M Interest Rate Swap Maturing in 2024 | Cash Flow | SOFR |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Effective interest rate | 1.58% |
$150M Interest Rate Swap Maturing in 2026 | Cash Flow |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Number of interest rate swap contracts | instrument | 3 |
Derivative, notional amount | $ 150,000 |
Fair value assets (liabilities) | $ 11,684 | (3,876)
$150M Interest Rate Swap Maturing in 2026 | Cash Flow | SOFR |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Effective interest rate | 1.68% |
$155M Interest Rate Swap Maturing in 2025 | Fair Value |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Number of interest rate swap contracts | instrument | 2 |
Derivative, notional amount | $ 155,000 |
Fair value assets (liabilities) | $ (14,979) | (2,630)
Blended fixed interest rate | 4.52% |
$155M Interest Rate Swap Maturing in 2025 | Fair Value | LIBOR |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Credit spread | 3.70% |
Blended floating interest rate | 3.70% |
$150M Forward-Starting Interest Rate Swap Maturing in 2032 |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Number of interest rate swap contracts | instrument | 2 |
Derivative, notional amount | $ 150,000 |
Fair value assets (liabilities) | $ 26,732 | 299
$150M Forward-Starting Interest Rate Swap Maturing in 2032 | SOFR |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Effective interest rate | 1.356% |
$200M Forward-Starting Interest Rate Swap Maturing in 2025 |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Number of interest rate swap contracts | instrument | 2 |
Derivative, notional amount | $ 200,000 |
Fair value assets (liabilities) | $ 4,761 | $ 0
$200M Forward-Starting Interest Rate Swap Maturing in 2025 | SOFR |  |
Derivative Instruments and Hedging Activities Disclosures [Line Items] |  |
Effective interest rate | 2.37% |

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