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Derivative Instruments (Tables)
9 Months Ended
Sep. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Cash Flow Hedging Instruments
The following table displays the total notional amount of the Company’s outstanding fixed-rate interest swap agreements:
Derivatives in Cash Flow Hedging RelationshipsAs of September 30,As of December 31,
20252024
 (in thousands)
Interest rate contracts$334,500 $425,000 
The following table displays the total fair value of the Company’s outstanding fixed-rate interest swap agreements in the Condensed Consolidated Balance Sheets:

Derivative Assets
Derivatives in Cash Flow Hedging RelationshipsAs of September 30,As of December 31,
Balance Sheet Location20252024
 (in thousands)
Interest rate contractsOther assets$2,229 $10,989 

Derivative Liabilities
Derivatives in Cash Flow Hedging RelationshipsAs of September 30,As of December 31,
Balance Sheet Location20252024
 (in thousands)
Interest rate contractsAccounts payable and accrued expenses$335 $— 
Schedule of Information About Financial Statement Effects Related to Cash Flow Hedges
The following table displays the total pre-tax loss reclassified from accumulated other comprehensive income (“AOCI”) to earnings as a result of the terminations of the interest rate derivative instruments described above, as these forecasted transactions were no longer probable of occurring:

Loss Reclassified from AOCI to Earnings
Derivatives in Cash Flow Hedging RelationshipsAs of September 30,As of December 31,
Location of loss20252024
 (in thousands)
Interest rate contractsInterest expense$2,980 $— 
The following table provides additional information about the financial statement effects related to the cash flow hedges for the three and nine months ended September 30, 2025 and 2024:
Derivatives in Cash Flow Hedging RelationshipsAmount of Loss Recognized in OCI on Derivatives
(Effective Portion)
Three months ended September 30,Nine months ended September 30,
2025202420252024
(in thousands)
Interest rate contracts$(3,131)$(7,277)$(12,096)$(10,673)
Total$(3,131)$(7,277)$(12,096)$(10,673)