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Derivative Instruments and Hedging Activities (Tables) | 3 Months Ended
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Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Fair Value of Derivative Instruments | The following table presents information about the fair value amounts of our cash flow derivative instruments:
|  |  | Derivatives as of
|  |  | March 31, 2023 |  | December 31, 2022
| Balance Sheet Location |  | Fair Value |  | Fair Value
Derivatives Designated as Hedging Instruments: |  |  |  |  |
Interest rate swap contracts | Other assets |  | $ | 630 |  |  | $ | 1,748 |
Interest rate swap contracts | Other liabilities |  | $ | 6 |  |  | $ | 9 |
Derivatives Not Designated as Hedging Instruments: |  |  |  |  |
Interest rate swap contracts | Other assets |  | $ | 2,934 |  |  | $ | 3,454 |
Make-whole provisions | Other liabilities |  | $ | 8,175 |  |  | $ | 5,348 |
Schedule of Derivative Effect on Consolidated Statements of Income (Loss) | The following table presents information about the effects of our derivative instruments on our condensed consolidated statements of income and condensed consolidated statements of comprehensive income:
|  |  | Amount of Loss (Gain) Recognized in Net Income
| Location of Loss (Gain) Recognized in Net Income |  | Three Months Ended March 31, |  |
|  | 2023 |  | 2022 |  |  |  |
Derivatives Designated as Hedging Instruments: |  |  |  |  |  |  |  |
Interest rate swap contracts | Other expenses, net |  | $ | 11 |  |  | $ | 481 |  |  |  |  |
Derivatives Not Designated as Hedging Instruments: |  |  |  |  |  |  |  |
Interest rate swap contracts | Other expenses, net |  | $ | 458 |  |  | $ | (1,262) |  |  |  |  |
Commodity swap contracts | Other expenses, net |  | $ | — |  |  | $ | 2,606 |  |  |  |  |
Make-whole provisions | Other expenses, net |  | $ | (295) |  |  | $ | 278 |  |  |  |  |
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) | The following table presents the changes in Accumulated Other Comprehensive Income (“AOCI”), net of taxes, from our hedging instruments:
| Three Months Ended March 31, 2023 |  |
Derivatives Designated as Hedging Instruments: |  |  |
Accumulated gain in AOCI at the beginning of the period | $ | 1,284 |  |  |
Unrealized loss recognized in AOCI | (879) |  |  |
Loss reclassified from AOCI to other expenses, net | 11 |  |  |
Loss on derivatives | (868) |  |  |
Accumulated gain in AOCI at the end of the period | $ | 416 |  |  |
Schedule of Active Derivative Instruments | The following tables present all of our active derivative instruments as of March 31, 2023:
Active Interest Rate Swaps |  | Effective Date |  | Expiration Date |  | Initial Notional Amount ($) |  | Status
11-Year, 5.77% Fixed |  | October 2018 |  | October 2029 |  | $ | 9,200 |  |  | Designated
15-Year, 5.24% Fixed |  | June 2018 |  | June 2033 |  | $ | 10,000 |  |  | Designated
10-Year, 4.74% Fixed |  | June 2017 |  | December 2027 |  | $ | 14,100 |  |  | Designated
8-Year, 3.70% Fixed |  | March 2020 |  | June 2028 |  | $ | 14,643 |  |  | Designated
8-Year, 3.70% Fixed |  | March 2020 |  | June 2028 |  | $ | 10,734 |  |  | Designated
13-Year, 0.93% Fixed |  | May 2020 |  | March 2033 |  | $ | 9,505 |  |  | Not Designated
13-Year, 0.93% Fixed |  | May 2020 |  | March 2033 |  | $ | 6,968 |  |  | Not Designated
15.5-Year, 5.40% Fixed |  | September 2008 |  | March 2024 |  | $ | 13,081 |  |  | Designated
7.75-Year, 3.16% Fixed |  | March 2023 |  | December 2040 |  | $ | 14,084 |  |  | Designated
Other Derivatives |  | Classification |  | Effective Date |  | Expiration Date |  | Fair Value ($)
Make-whole provisions |  | Liability |  | June/August 2018 |  | December 2038 |  | $ | 654 |
Make-whole provisions |  | Liability |  | August 2016 |  | April 2031 |  | $ | 50 |
Make-whole provisions |  | Liability |  | April 2017 |  | February 2034 |  | $ | 40 |
Make-whole provisions |  | Liability |  | November 2020 |  | December 2027 |  | $ | 40 |
Make-whole provisions |  | Liability |  | October 2011 |  | May 2028 |  | $ | 10 |
Make-whole provisions |  | Liability |  | May 2021 |  | April 2045 |  | $ | 160 |
Make-whole provisions |  | Liability |  | July 2021 |  | March 2046 |  | $ | 2,865 |
Make-whole provisions |  | Liability |  | June 2022 |  | March 2042 |  | $ | 1,233 |
Make-whole provisions |  | Liability |  | March 2023 |  | December 2047 |  | $ | 3,123 |

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