XML 34 R25.htm IDEA: XBRL DOCUMENT v3.23.3

Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2023

Fair Value Disclosures [Abstract]

Schedule of Interest Rate Caps

The following table summarizes the Company's Secured Overnight Financing Rate ("SOFR") interest rate cap instruments as of September 30, 2023.

($ in thousands)
Current notional balance			$	1,231,920
Weighted average fixed cap rate			4.34		%
Weighted average remaining term			1.0 year
Estimated asset fair value (included in other assets, net) at September 30, 2023			$	14,826
Estimated asset fair value (included in other assets, net) at December 31, 2022			$	10,599

The following table summarizes the Company's SOFR interest rate swap instrument as of September 30, 2023.

($ in thousands)
Current notional balance			$	220,000
Fixed interest rate			3.00		%
Remaining term			0.6 years
Estimated asset fair value (included in other assets, net) at September 30, 2023			$	3,488
Estimated asset fair value (included in other assets, net) at December 31, 2022			$	4,834

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of derivative assets at fair value.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfDerivativeAssetsAtFairValueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration