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Derivative Financial Instruments
 3 Months Ended
Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Financial Instruments Derivative Financial Instruments
The following table summarizes the aggregate notional amounts and estimated net fair values of our derivative instruments as of March 31, 2022 and December 31, 2021:
As of March 31, 2022As of December 31, 2021
Notional Fair Value of
Assets 		Fair Value of
Liabilities 		Notional Fair Value of
Assets 		Fair Value of
Liabilities
Cash flow hedges:
Interest rate swap$150,000 $— — $150,000 $— $6,463 
Interest rate collars250,000 — 128 250,000 — 5,433 
Forward interest rate swaps— 12,944 — — 2,488 — 
Total$400,000 $12,944 128 $400,000 $2,488 $11,896 
Effective interest rate swaps and caps are reported in accumulated other comprehensive income, and the fair value of these hedge agreements is recorded as derivative assets or liabilities on the face of our consolidated balance sheet.
For our interest rate swap and collars that are considered highly effective hedges, we reclassified realized losses of $1,805 to earnings within interest expense for the three months ended March 31, 2022, and we expect $1,295 to be reclassified out of accumulated other comprehensive income to earnings over the next 12 months.