XML 98 R81.htm IDEA: XBRL DOCUMENT v3.22.4
DERIVATIVE INSTRUMENTS, HEDGING ACTIVITIES AND OTHER COMPREHENSIVE INCOME - Summary of Terms and Fair Value of Derivative Financial Instruments (Details)
$ in Thousands
1 Months Ended 12 Months Ended
Dec. 31, 2022
USD ($)
instrument
derivative_contract
Dec. 31, 2022
USD ($)
instrument
derivative_contract
Dec. 31, 2021
USD ($)
Interest Rate Swap | Cash Flow      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Aggregate notional $ 820,000 $ 820,000  
Fair value of assets (liabilities) $ 30,770 $ 30,770 $ (32,117)
$250M interest rate swap maturing in 2025 | Cash Flow      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Number of instruments | instrument 4 4  
Aggregate notional $ 250,000 $ 250,000  
Fair value of assets (liabilities) $ 7,134 $ 7,134 (18,282)
$250M interest rate swap maturing in 2025 | Cash Flow | LIBOR      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Interest rate 2.99% 2.99%  
$100M interest rate swap maturing in 2025 | Cash Flow      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Number of instruments | instrument 2 2  
Aggregate notional $ 100,000 $ 100,000  
Fair value of assets (liabilities) $ 3,616 $ 3,616 0
$100M interest rate swap maturing in 2025 | Cash Flow | SOFR      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Interest rate 2.66% 2.66%  
$200M interest rate swap maturing in 2023 | Cash Flow      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Number of instruments | instrument 2 2  
Aggregate notional $ 200,000 $ 200,000  
Fair value of assets (liabilities) $ 3,663 $ 3,663 (7,769)
$200M interest rate swap maturing in 2023 | Cash Flow | SOFR      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Interest rate 2.72% 2.72%  
$120M interest rate swap maturing in 2024 | Cash Flow      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Number of instruments | instrument 3 3  
Aggregate notional $ 120,000 $ 120,000  
Fair value of assets (liabilities) $ 5,461 $ 5,461 (2,190)
$120M interest rate swap maturing in 2024 | Cash Flow | SOFR      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Interest rate 1.58% 1.58%  
$150M interest rate swap maturing in 2026 | Cash Flow      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Number of instruments | instrument 3 3  
Aggregate notional $ 150,000 $ 150,000  
Fair value of assets (liabilities) $ 10,896 $ 10,896 (3,876)
$150M interest rate swap maturing in 2026 | Cash Flow | SOFR      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Interest rate 1.68% 1.68%  
$155M interest rate swap maturing in 2025      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Blended fixed interest rate 4.52% 4.52%  
$155M interest rate swap maturing in 2025 | LIBOR      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Blending floating interest rate 3.70% 3.70%  
$155M interest rate swap maturing in 2025 | Fair Value      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Number of instruments | instrument 2 2  
Aggregate notional $ 155,000 $ 155,000  
Fair value of assets (liabilities) $ (14,177) $ (14,177) (2,630)
$155M interest rate swap maturing in 2025 | Fair Value | LIBOR      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Credit spread   3.70%  
$150M forward-starting interest rate swap maturing in 2032      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Number of instruments | instrument 2 2  
Aggregate notional $ 150,000 $ 150,000  
Fair value of assets (liabilities) $ 0 $ 0 299
Number of instruments terminated | derivative_contract 2 2  
Proceeds received upon termination $ 30,900    
$150M forward-starting interest rate swap maturing in 2032 | SOFR      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Interest rate 1.356% 1.356%  
$200M forward-starting interest rate swap maturing in 2025      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Number of instruments | instrument 2 2  
Aggregate notional $ 200,000 $ 200,000  
Fair value of assets (liabilities) $ 4,370 $ 4,370 $ 0
$200M forward-starting interest rate swap maturing in 2025 | SOFR      
Derivative Instruments and Hedging Activities Disclosures [Line Items]      
Interest rate 2.37% 2.37%