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Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

Jun. 30, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts Strike Rates and End Dates of the Cap Agreements

The notional amounts, strike rates and end dates of the cap agreements are as follows (notional amounts in thousands):


Start Date		End Date		Notional Amounts				Strike Rate
7/31/2021		7/30/2023		$	650,000				0.75	%
7/31/2023		7/30/2024			525,000				0.75	%
7/31/2024		7/30/2025			350,000				1.25	%
7/31/2025		7/30/2026			250,000				2.25	%
7/31/2026		7/30/2027			200,000				2.75	%

Schedule of Derivative Assets at Fair Value

The following table presents the fair value of our interest rate derivatives included in the Unaudited Condensed Consolidated Balance Sheets for the periods presented (in thousands):


				June 30,				December 31,
Derivatives designated as hedging instruments		Balance sheet location		2024				2023
Current portion of interest rate caps		Prepaid expenses and other current assets		$	14,543			$	18,801
Non-current portion of interest rate caps		Other non-current assets		$	8,440			$	10,295