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Derivatives and Hedging Activities (Tables)
 3 Months Ended
Mar. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The table below details the fair value and location of the interest rate swaps as of March 31, 2024 and December 31, 2023.
(In thousands)Fair Values of Derivative Instruments
March 31, 2024December 31, 2023
Derivative InstrumentBalance Sheet LocationFair ValueBalance Sheet LocationFair Value
Interest rate swapsOther Assets$4,546 Other Assets$2,742 
Reclassification out of Accumulated Other Comprehensive Income
The table below details the location in the financial statements of the gain or loss recognized on interest rate derivatives designated as cash flow hedges for the three months ended March 31, 2024 and 2023.
(In thousands)The Effect of Hedge Accounting on Other Comprehensive Income (OCI)
Three Months Ended March 31,
20242023
Amount of gain (loss) recognized in OCI$2,411 $(1,618)
Location of gain (loss) reclassified from OCI into incomeInterest expense, net and amortization of deferred debt costsInterest expense, net and amortization of deferred debt costs
Amount of (gain) loss reclassified from OCI into income$(608)$(396)