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Derivatives and Hedging Activities (Tables)
 6 Months Ended
Jun. 30, 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 June 30, 2024 and December 31, 2023.
(In thousands)Fair Values of Derivative Instruments
June 30, 2024December 31, 2023
Derivative InstrumentBalance Sheet LocationFair ValueBalance Sheet LocationFair Value
Interest rate swapsOther Assets$4,769 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 and six months ended June 30, 2024 and 2023.
(In thousands)The Effect of Hedge Accounting on Other Comprehensive Income (OCI)
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Amount of gain (loss) recognized in OCI$828 $2,919 $3,239 $1,302 
Location of gain (loss) reclassified from OCI into incomeInterest expense, net and amortization of deferred debt costsInterest expense, net and amortization of deferred debt costsInterest expense, net and amortization of deferred debt costsInterest expense, net and amortization of deferred debt costs
Amount of (gain) loss reclassified from OCI into income$(604)$(518)$(1,212)$(915)