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Derivatives (Tables) | 12 Months Ended
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Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Non-Designated Foreign Exchange Forwards | The following table summarizes our non-designated Fx forwards and our interest rate cap as of December 31, 2022:
| December 31, 2022
Type of Derivatives | Number of Contracts |  | Aggregate Notional Amount (in thousands) |  | Notional Currency |  | Maturity |  | Weighted-Average Years to Maturity
Fx contracts - GBP | 124 |  | 936,930 |  | GBP |  | January 2023 - February 2027 |  | 1.78
Fx contracts - EUR | 130 |  | 576,240 |  | EUR |  | January 2023 - November 2025 |  | 1.78
Fx contracts - SEK | 19 |  | 730,432 |  | SEK |  | February 2023 - May 2026 |  | 2.95
Interest rate cap | 1 |  | 500,000 |  | USD |  | June 2023 |  | 0.46
The following table summarizes our non-designated Fx forwards and our interest rate cap as of December 31, 2021:
| December 31, 2021
Type of Derivatives | Number of Contracts |  | Aggregate Notional Amount (in thousands) |  | Notional Currency |  | Maturity |  | Weighted-Average Years to Maturity
Fx contracts - GBP | 125 |  | 738,178 |  | GBP |  | January 2022 - February 2026 |  | 2.14
Fx contracts - EUR | 90 |  | 508,541 |  | EUR |  | January 2022 - November 2025 |  | 1.88
Fx contracts - SEK | 20 |  | 765,138 |  | SEK |  | February 2022 - May 2026 |  | 3.74
Interest rate cap | 1 |  | 500,000 |  | USD |  | June 2023 |  | 1.45
Schedule of Amounts Recognized on Consolidated Statements of Operations Related to Company's Derivatives | The following table summarizes the amounts recognized on our consolidated statements of operations related to our derivatives for the years ended December 31, 2022, 2021, and 2020 ($ in thousands):
|  |  |  |  |  |  | Amount of gain (loss) recognized in income
|  |  |  |  | Year ended December 31,
| Location of Gain (Loss) Recognized in Income |  |  |  |  |  | 2022 |  | 2021 |  | 2020
Forward currency contracts | Unrealized gain (loss) on derivative instruments |  |  |  |  |  | $ | 104,159 |  |  | $ | 46,714 |  |  | $ | (26,499) |
Forward currency contracts | Realized gain (loss) on derivative instruments |  |  |  |  |  | 42,822 |  |  | (5,040) |  |  | 16,756 |
Total |  |  |  |  |  |  | $ | 146,981 |  |  | $ | 41,674 |  |  | $ | (9,743) |
The following table summarizes the amounts recognized on our consolidated statements of operations related to our interest rate cap and interest rate swap for the years ended December 31, 2022, 2021, and 2020 ($ in thousands):
|  |  | Amount of gain (loss) recognized in income
|  |  | Year ended December 31,
| Location of gain (loss) recognized in income |  | 2022 |  |  | 2021 |  | 2020 |  |
Interest rate cap(1) | Unrealized gain on interest rate hedging instruments |  | $ | 7,692 |  |  |  | $ | 1,314 |  |  | $ | 134 |  |  |
Interest rate cap(1) | Realized gain on interest rate hedging instruments |  | 5,671 |  |  |  | — |  |  | — |  |  |
Interest rate swap(2) | Unrealized gain on interest rate swap |  | — |  |  |  | — |  |  | 14,470 |  |  |
Interest rate swap(2) | Realized loss on interest rate swap |  | — |  |  |  | — |  |  | (53,851) |  |  |
Total |  |  | $ | 13,363 |  |  |  | $ | 1,314 |  |  | $ | (39,247) |  |  |
——————— (1)With a notional amount of $500.0 million at December 31, 2022, 2021, and 2020. (2)With a notional amount of $0 at December 31, 2022, 2021, and $500.0 million at December 31, 2020.
Schedule of Gross Asset and Liability Amounts Related to Derivatives | The following tables summarize the gross asset and liability amounts related to our derivatives at December 31, 2022 and December 31, 2021 ($ in thousands):
| December 31, 2022 |  | December 31, 2021
| Gross Amount of Recognized Assets |  | Gross Amounts Offset in our Consolidated Balance Sheet |  | Net Amounts of Assets Presented in our Consolidated Balance Sheet |  | Gross Amount of Recognized Assets |  | Gross Amounts Offset in our Consolidated Balance Sheet |  | Net Amounts of Assets Presented in our Consolidated Balance Sheet
Forward currency contracts | $ | 143,285 |  |  | $ | (23,786) |  |  | $ | 119,499 |  |  | $ | 28,781 |  |  | $ | (13,441) |  |  | $ | 15,340 |
Interest rate cap | 9,141 |  |  | — |  |  | 9,141 |  |  | 1,448 |  |  | — |  |  | 1,448 |
Total derivative assets (liabilities) | $ | 152,426 |  |  | $ | (23,786) |  |  | $ | 128,640 |  |  | $ | 30,229 |  |  | $ | (13,441) |  |  | $ | 16,788 |

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