XML 57 R48.htm IDEA: XBRL DOCUMENT v3.23.3
Derivatives and Hedging Activities (Details) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
Feb. 28, 2022
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2022
Interest Rate Derivatives            
Notional value   $ 1,300,000,000   $ 1,300,000,000   $ 1,175,000,000
Interest Rate Cash Flow Hedge Derivative at Fair Value, Net   42,204,000   42,204,000   44,688,000
Accumulated other comprehensive income   39,553,000   39,553,000   40,591,000
Amount of hedge ineffectiveness   $ 0 $ 0 0 $ 0  
Derivative Instrument, Gain (Loss) Reclassified from AOCI into Income, Effective Portion, Statement of Income or Comprehensive Income [Extensible Enumeration]   Interest income        
Reclassification of unrealized gains on discontinued cash flow hedges to other income, net     0 0 (5,866,000)  
Net unrealized gains in accumulated other comprehensive income expected to be reclassified into interest expense within the next 12 months   $ (23,300,000)   (23,300,000)    
Interest rate swap | Recurring            
Interest Rate Derivatives            
Interest Rate Cash Flow Hedge Asset at Fair Value   42,204,000   42,204,000   44,688,000
Interest Rate Cash Flow Hedge Derivative at Fair Value, Net   42,204,000   42,204,000   44,688,000
Interest rate swap | Fair Value, Inputs, Level 2 [Member] | Recurring            
Interest Rate Derivatives            
Interest Rate Cash Flow Hedge Asset at Fair Value   42,204,000   42,204,000   44,688,000
Interest Rate Cash Flow Hedge Derivative at Fair Value, Net   42,204,000   42,204,000   44,688,000
Designated as Hedging Instrument            
Interest Rate Derivatives            
Reclassification of unrealized gains on discontinued cash flow hedges to other income, net   8,300,000 $ 1,300,000 21,800,000 $ (6,800,000)  
Designated as Hedging Instrument | Interest Rate Swap, 2.29% [Member]            
Interest Rate Derivatives            
Notional value   0   0   200,000,000
Interest rate swap liability           0
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 0   $ 0    
Interest rate   2.29%   2.29%    
Designated as Hedging Instrument | Interest Rate Swap, 2.290% [Member]            
Interest Rate Derivatives            
Notional value   $ 0   $ 0   125,000,000
Interest rate swap liability           0
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 0   $ 0    
Interest rate   2.29%   2.29%    
Designated as Hedging Instrument | Interest Rate Swap, 2.64%            
Interest Rate Derivatives            
Notional value   $ 100,000,000   $ 100,000,000   100,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 454,000   $ 454,000   1,935,000
Interest rate   2.64%   2.64%    
Designated as Hedging Instrument | Interest Rate Swap, 2.51% [Member]            
Interest Rate Derivatives            
Notional value   $ 75,000,000   $ 75,000,000   75,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 712,000   $ 712,000   1,852,000
Interest rate   2.44%   2.44%    
Designated as Hedging Instrument | Interest Rate Swap, 2.39% [Member]            
Interest Rate Derivatives            
Notional value   $ 75,000,000   $ 75,000,000   75,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 744,000   $ 744,000   1,948,000
Interest rate   2.31%   2.31%    
Designated as Hedging Instrument | Interest Rate Swap, 1.24% [Member]            
Interest Rate Derivatives            
Notional value   $ 150,000,000   $ 150,000,000   150,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 10,923,000   $ 10,923,000   11,636,000
Interest rate   1.16%   1.16%    
Designated as Hedging Instrument | Interest Rate Swap, 1.16% [Member]            
Interest Rate Derivatives            
Notional value   $ 50,000,000   $ 50,000,000   50,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 1,371,000   $ 1,371,000   2,464,000
Interest rate   1.08%   1.08%    
Designated as Hedging Instrument | Interest Rate Swap, 1.200% [Member]            
Interest Rate Derivatives            
Notional value   $ 50,000,000   $ 50,000,000   50,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 1,357,000   $ 1,357,000   2,436,000
Interest rate   1.13%   1.13%    
Designated as Hedging Instrument | Interest Rate Swap, 1.150% [Member]            
Interest Rate Derivatives            
Notional value   $ 50,000,000   $ 50,000,000   50,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 1,373,000   $ 1,373,000   2,470,000
Interest rate   1.08%   1.08%    
Designated as Hedging Instrument | Interest Rate Swap, 1.10% [Member]            
Interest Rate Derivatives            
Notional value   $ 50,000,000   $ 50,000,000   50,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 1,406,000   $ 1,406,000   2,504,000
Interest rate   0.97%   0.97%    
Designated as Hedging Instrument | Interest Rate Swap, 0.98% [Member]            
Interest Rate Derivatives            
Notional value   $ 25,000,000   $ 25,000,000   25,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 722,000   $ 722,000   1,293,000
Interest rate   0.85%   0.85%    
Designated as Hedging Instrument | Interest Rate Swap, 0.95% [Member]            
Interest Rate Derivatives            
Notional value   $ 25,000,000   $ 25,000,000   25,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 719,000   $ 719,000   1,304,000
Interest rate   0.88%   0.88%    
Designated as Hedging Instrument | Interest Rate Swap, 0.93% [Member]            
Interest Rate Derivatives            
Notional value   $ 25,000,000   $ 25,000,000   25,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 722,000   $ 722,000   1,310,000
Interest rate   0.86%   0.86%    
Designated as Hedging Instrument | Interest Rate Swap, 0.90% [Member]            
Interest Rate Derivatives            
Notional value   $ 25,000,000   $ 25,000,000   25,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 727,000   $ 727,000   1,321,000
Interest rate   0.83%   0.83%    
Designated as Hedging Instrument | Interest Rate Swap, 0.85% [Member]            
Interest Rate Derivatives            
Notional value   $ 50,000,000   $ 50,000,000   50,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 2,759,000   $ 2,759,000   3,538,000
Interest rate   0.77%   0.77%    
Designated as Hedging Instrument | Interest Rate Swap, 0.75% [Member]            
Interest Rate Derivatives            
Notional value   $ 50,000,000   $ 50,000,000   50,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 2,846,000   $ 2,846,000   3,636,000
Interest rate   0.63%   0.63%    
Designated as Hedging Instrument | Interest Rate Swap, 0.65% [Member]            
Interest Rate Derivatives            
Notional value   $ 50,000,000   $ 50,000,000   50,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 4,729,000   $ 4,729,000   5,041,000
Interest rate   0.56%   0.56%    
Designated as Hedging Instrument | Interest Rate Swap Designated/Redesignated in2022            
Interest Rate Derivatives            
Reclassification of unrealized gains on discontinued cash flow hedges to other income, net $ 5,900,000          
Designated as Hedging Instrument | Interest Rate Swap, 4.37%            
Interest Rate Derivatives            
Notional value   $ 200,000,000   $ 200,000,000   0
Interest rate swap liability           0
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 1,237,000   $ 1,237,000    
Interest rate   4.37%   4.37%    
Designated as Hedging Instrument | Interest Rate Swap, 2.95%            
Interest Rate Derivatives            
Notional value   $ 125,000,000   $ 125,000,000   0
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 4,447,000   $ 4,447,000   0
Interest rate   2.95%   2.95%    
Designated as Hedging Instrument | Interest Rate Swap, 2.75%            
Interest Rate Derivatives            
Notional value   $ 60,000,000   $ 60,000,000   0
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 2,465,000   $ 2,465,000   0
Interest rate   2.75%   2.75%    
Designated as Hedging Instrument | Interest Rate Swap, 2.85%            
Interest Rate Derivatives            
Notional value   $ 65,000,000   $ 65,000,000   0
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 2,491,000   $ 2,491,000   $ 0
Interest rate   2.85%   2.85%    
Prepaid expenses and other assets | Interest rate swap            
Interest Rate Derivatives            
Interest Rate Cash Flow Hedge Asset at Fair Value   $ 42,200,000   $ 42,200,000