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Derivatives and Hedging Activities (Tables) | 9 Months Ended
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Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of the terms of our outstanding financial instruments on the company's balance sheet | The following table summarizes the terms of our outstanding derivative financial instruments on the Company's balance sheet as of September 30, 2024 and December 31, 2023:
Derivative Type | Number of Instruments | Effective Date |  | Maturity Date |  |  |  | Notional Value |  | Fair Value of Asset/(Liability)
|  |  |  | September 30, 2024 |  | December 31, 2023
Term Loan Interest Rate Swap | 4 | 7/1/2022 |  | 1/31/2025 |  |  |  | $ | 300,000 |  |  | $ | 2,894 |  |  | $ | 9,471 |
Term Loan Forward Interest Rate Swap | 5 | 1/31/2025 |  | 1/31/2027 |  |  |  | 250,000 |  |  | (304) |  |  | — |
Trust Preferred Securities Forward Interest Rate Swap | 2 | 10/30/2024 |  | 10/30/2027 |  |  |  | 82,500 |  |  | (21) |  |  | — |
|  |  |  |  |  |  |  | $ | 632,500 |  |  | $ | 2,569 |  |  | $ | 9,471 |
Effect of the Company's Derivative Financial Instruments on the Statements of Operation | The table below presents the effect of the Company's derivative financial instruments on the unaudited condensed consolidated statements of operations for the nine months ended September 30, 2024 and 2023:
Derivatives in Cash Flow |  | Amount of Gain Recognized in OCI on Derivatives September 30, |  | Amount of (Income) Loss Reclassified from Accumulated OCI into Income(1) September 30,
Hedging Relationships |  | 2024 |  | 2023 |  | 2024 |  | 2023
Interest Rate Swaps |  | $ | 1,540 |  |  | $ | 5,029 |  |  | $ | (8,442) |  |  | $ | (7,503) |
The Company's share of non-consolidated entity's interest rate cap |  | 152 |  |  | 235 |  |  | (215) |  |  | (1,088) |
Total |  | $ | 1,692 |  |  | $ | 5,264 |  |  | $ | (8,657) |  |  | $ | (8,591) |
(1) Amounts reclassified from accumulated other comprehensive income (loss) for the Company's interest rate swaps are included in interest expense and for the Company's share of non-consolidated entity's interest rate cap are reclassified to equity in earnings (losses) of non-consolidated entities within the unaudited condensed consolidated statements of operations.

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- Definition Tabular disclosure of derivative assets at fair value. + References No definition available. + Details
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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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