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v3.25.2

Derivatives and Hedging Activities (Details) - USD ($) | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2025 | Jun. 30, 2024 | Jun. 30, 2025 | Jun. 30, 2024 | Dec. 31, 2024
Interest Rate Derivatives |  |  |  |  |
Notional value | $ 625,000,000 |  | $ 625,000,000 |  | $ 600,000,000
Interest Rate Cash Flow Hedge Derivative at Fair Value, Net | 5,401,000 |  | 5,401,000 |  | 14,365,000
Accumulated other comprehensive income | 5,113,000 |  | 5,113,000 |  | 13,788,000
Gains included in accumulated other comprehensive income | (4,500,000) |  | (4,500,000) |  |
Interest expense | 27,876,000 | $ 28,049,000 | 55,428,000 | $ 54,507,000 |
Hedge ineffectiveness | 0 | 0 | 0 | 0 |
Interest rate swap | Reclassification out of Accumulated Other Comprehensive Income |  |  |  |  |
Interest Rate Derivatives |  |  |  |  |
Interest expense | 2,800,000 | $ 4,800,000 | 5,500,000 | $ 11,500,000 |
Designated as Hedging Instrument | Interest Rate Swap, 1.16% [Member] |  |  |  |  |
Interest Rate Derivatives |  |  |  |  |
Notional value | 150,000,000 |  | 150,000,000 |  | 150,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value | $ 1,206,000 |  | $ 1,206,000 |  | 3,445,000
Interest rate | 1.16% |  | 1.16% |  |
Designated as Hedging Instrument | Interest Rate Swap, 0.56% [Member] |  |  |  |  |
Interest Rate Derivatives |  |  |  |  |
Notional value | $ 50,000,000 |  | $ 50,000,000 |  | 50,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value | $ 1,054,000 |  | $ 1,054,000 |  | 1,926,000
Interest rate | 0.56% |  | 0.56% |  |
Designated as Hedging Instrument | Interest Rate Swap, 2.95% |  |  |  |  |
Interest Rate Derivatives |  |  |  |  |
Notional value | $ 125,000,000 |  | $ 125,000,000 |  | 125,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value | $ 1,326,000 |  | $ 1,326,000 |  | 3,104,000
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 |  | 60,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value | $ 860,000 |  | $ 860,000 |  | 1,768,000
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 |  | 65,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value | $ 811,000 |  | $ 811,000 |  | 1,765,000
Interest rate | 2.85% |  | 2.85% |  |
Designated as Hedging Instrument | Interest Rate Swap, 3.70% |  |  |  |  |
Interest Rate Derivatives |  |  |  |  |
Notional value | $ 25,000,000 |  | $ 25,000,000 |  | 25,000,000
Interest rate swap liability | $ (112,000) |  | $ (112,000) |  |
Interest Rate Cash Flow Hedge Asset at Fair Value |  |  |  |  | 196,000
Interest rate | 3.70% |  | 3.70% |  |
Designated as Hedging Instrument | Interest Rate Swap, 3.45% |  |  |  |  |
Interest Rate Derivatives |  |  |  |  |
Notional value | $ 25,000,000 |  | $ 25,000,000 |  | 25,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value | $ 16,000 |  | $ 16,000 |  | 353,000
Interest rate | 3.45% |  | 3.45% |  |
Designated as Hedging Instrument | Interest Rate Swap, 3.10% |  |  |  |  |
Interest Rate Derivatives |  |  |  |  |
Notional value | $ 25,000,000 |  | $ 25,000,000 |  | 0
Interest Rate Cash Flow Hedge Asset at Fair Value | $ 168,000 |  | $ 168,000 |  | 0
Interest rate | 3.10% |  | 3.10% |  |
Designated as Hedging Instrument | Interest Rate Swap, 3.20% |  |  |  |  |
Interest Rate Derivatives |  |  |  |  |
Notional value | $ 25,000,000 |  | $ 25,000,000 |  | 25,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value | $ 130,000 |  | $ 130,000 |  | 564,000
Interest rate | 3.20% |  | 3.20% |  |
Designated as Hedging Instrument | Interest Rate Swap, 3.40% |  |  |  |  |
Interest Rate Derivatives |  |  |  |  |
Notional value | $ 25,000,000 |  | $ 25,000,000 |  | 25,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value | $ 4,000 |  | $ 4,000 |  | 421,000
Interest rate | 3.40% |  | 3.40% |  |
Designated as Hedging Instrument | Interest Rate Swap, 3.30% |  |  |  |  |
Interest Rate Derivatives |  |  |  |  |
Notional value | $ 25,000,000 |  | $ 25,000,000 |  | 25,000,000
Interest Rate Cash Flow Hedge Asset at Fair Value | $ 54,000 |  | $ 54,000 |  | 632,000
Interest rate | 3.30% |  | 3.30% |  |
Designated as Hedging Instrument | Interest Rate Swap, 3.71% |  |  |  |  |
Interest Rate Derivatives |  |  |  |  |
Notional value | $ 25,000,000 |  | $ 25,000,000 |  | 25,000,000
Interest rate swap liability | $ (116,000) |  | $ (116,000) |  |
Interest Rate Cash Flow Hedge Asset at Fair Value |  |  |  |  | 191,000
Interest rate | 3.71% |  | 3.71% |  |
Prepaid expenses and other assets | Interest rate swap |  |  |  |  |
Interest Rate Derivatives |  |  |  |  |
Interest Rate Cash Flow Hedge Asset at Fair Value | $ 5,600,000 |  | $ 5,600,000 |  | $ 14,400,000
Accounts Payable and Accrued Liabilities | Interest rate swap |  |  |  |  |
Interest Rate Derivatives |  |  |  |  |
Interest rate swap liability | $ (200,000) |  | $ (200,000) |  |

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