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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES
 3 Months Ended
Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES
The following table presents information about the fair value amounts of our cash flow derivative instruments:  
 Derivatives as of
 March 31, 2025 December 31, 2024
 Balance Sheet LocationFair ValueFair Value
Derivatives Designated as Hedging Instruments:
Interest rate swap contractsOther assets$930 $1,556 
Derivatives Not Designated as Hedging Instruments:
Interest rate swap contractsOther assets$2,712 $3,540 
Interest rate swap contractsOther liabilities$99 $— 
Make-whole provisionsOther liabilities$15,983 $15,574 
The following table presents information about the effects of our derivative instruments on our condensed consolidated statements of loss and condensed consolidated statements of comprehensive loss:
Amount of (Gain) Loss Recognized in Net Loss
Location of (Gain) Loss Recognized in Net LossThree Months Ended March 31,
20252024
Derivatives Designated as Hedging Instruments:
Interest rate swap contractsOther expenses, net$(107)$(276)
Derivatives Not Designated as Hedging Instruments:
Interest rate swap contractsOther expenses, net$927 $(1,102)
Make-whole provisionsOther expenses, net$408 $(1,257)
The following table presents the changes in Accumulated Other Comprehensive Income (“AOCI”), net of taxes, from our hedging instruments:
Three Months Ended March 31, 2025
Derivatives Designated as Hedging Instruments:
Accumulated gain in AOCI at the beginning of the period$1,140 
Unrealized loss recognized in AOCI(395)
Gain reclassified from AOCI to other expenses, net(107)
Loss on derivatives(502)
Accumulated gain in AOCI at the end of the period$638 
The following tables present all of our active derivative instruments as of March 31, 2025:
Active Interest Rate SwapsExpiration DateInitial Notional
Amount ($)		Status
11-Year, 5.77% Fixed
October 2029$9,200 Designated
15-Year, 5.24% Fixed
June 2033$10,000 Designated
10-Year, 4.74% Fixed
December 2027$14,100 Designated
8-Year, 3.49% Fixed
June 2028$14,643 Not Designated
8-Year, 3.49% Fixed
June 2028$10,734 Not Designated
13-Year, 0.72% Fixed
March 2033$9,505 Not Designated
13-Year, 0.72% Fixed
March 2033$6,968 Not Designated
17.75-Year, 3.16% Fixed
December 2040$14,084 Designated
18-Year, 3.81% Fixed
July 2041$32,021 Not Designated
Other DerivativesClassificationEffective DateExpiration DateFair Value ($)
Make-whole provisionsLiabilityJune/August 2018December 2038$492 
Make-whole provisionsLiabilityAugust 2016April 2031$35 
Make-whole provisionsLiabilityApril 2017February 2034$27 
Make-whole provisionsLiabilityNovember 2020December 2027$14 
Make-whole provisionsLiabilityOctober 2011May 2028$3 
Make-whole provisionsLiabilityMay 2021April 2045$77 
Make-whole provisionsLiabilityJuly 2021March 2046$2,218 
Make-whole provisionsLiabilityJune 2022March 2042$852 
Make-whole provisionsLiabilityMarch 2023December 2047$2,045 
Make-whole provisionsLiabilityApril 2024June 2042$9,578 
Make-whole provisionsLiabilityApril 2024June 2042$641