XML 33 R22.htm IDEA: XBRL DOCUMENT
v3.23.1

Derivative Instruments (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Fair Values of Interest Rate Swaps | The fair values of the interest rate swaps as of March 31, 2023 and December 31, 2022, were as follows (in thousands):
|  |  |  | Fair Value
|  |  |  | Derivative Assets (Liabilities)
Derivative Instrument | Aggregate Notional Amount | Effective Date | Maturity Date | March 31, 2023 |  | December 31, 2022
Interest rate swap | $ | 100,000 |  | March 31, 2017 | July 21, 2023 | $ | 1,148 |  |  | $ | 1,998 |
Interest rate swap | 75,000 |  | July 21, 2023 | January 10, 2025 | 310 |  |  | — |
Interest rate swap | 50,000 |  | July 21, 2023 | January 10, 2025 | 207 |  |  | — |
|  |  |  | $ | 1,665 |  |  | $ | 1,998 |
Schedule of Unrealized Gain (Loss) and Reclassification of Interest Rate Swap | The net unrealized gains or losses on the effective swaps were recognized in Other comprehensive income (loss), as follows (in thousands):
|  |  | Three Months Ended March 31,
|  |  |  |  | 2023 |  | 2022
Unrealized (loss) gain on interest rate hedges |  |  |  |  | $ | (333) |  |  | $ | 1,925 |
Amounts reported in Accumulated other comprehensive loss related to effective cash flow hedges will be reclassified to interest expense as interest payments are made on our variable-rate debt. The gains or losses reclassified from Accumulated other comprehensive loss into interest expense for the three months ended March 31, 2023 and 2022, were as follows (in thousands):
|  |  | Three Months Ended March 31,
|  |  |  |  | 2023 |  | 2022
Loss reclassified from accumulated other comprehensive loss into interest expense |  |  |  |  | $ | 510 |  |  | $ | 510 |

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of gain (loss) on derivative and nonderivative instruments designated and qualifying as cash flow hedge recorded in accumulated other comprehensive income (AOCI) and reclassified into earnings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfCashFlowHedgesIncludedInAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration