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Derivative instruments (Tables)

9 Months Ended

Sep. 30, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Notional Amount at Inception and Fairvalue of Instruments Included In Consolidated Balance sheet

The following table summarizes the notional amount at inception and fair value of these instruments on our consolidated balance sheets as of September 30, 2024 and December 31, 2023 (in thousands):

																Fair Value of Liability
Product		Fixed Rate				Notional				Index		Effective Date		Maturity Date		September 30, 2024				December 31, 2023
Swap			4.80	%		$	75,000			Daily Simple SOFR + 10 bps		10/17/2023		10/17/2026		$	(2,092	)		$	(2,083	)
Swap			4.66				75,000			Daily Simple SOFR + 10 bps		4/10/2024		10/17/2026			(1,882	)			(1,937	)

Summary Amounts Recorded to Accumulated Other Comprehensive Income (Loss) Related to Derivative and Hedging Activities

The following table presents amounts recorded to accumulated other comprehensive income (loss) related to derivative and hedging activities for the periods presented (in thousands):

	For the Three Months Ended September 30,								For the Nine Months Ended September 30,
	2024				2023				2024				2023
Accumulated other comprehensive (loss) income	$	(2,923	)		$	—			$	47			$	—

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- References

No definition available.

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- Definition

Tabular disclosure of the effective portion of the gains and losses on derivative instruments designated (and non-derivative instruments) designated and qualifying in cash flow hedges and net investment hedges that was recognized in other comprehensive income (loss) during the current period.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 815
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 4C
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C

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- Definition

Tabular disclosure of derivative instrument not designated or qualifying as hedging instrument.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (e)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 4CC
-SubTopic 10
-Topic 815
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4CC

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