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Derivatives and Hedging Activities (Tables)
 9 Months Ended
Sep. 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 September 30, 2024 and December 31, 2023.
Fair Values of Derivative Instruments
(Dollars in thousands)September 30, 2024December 31, 2023
Derivative InstrumentBalance Sheet LocationFair ValueBalance Sheet LocationFair Value
Interest rate swapsOther Assets$1,313 Other Assets$2,742 
Schedule of Reclassification out of Accumulated Other Comprehensive Income
The table below details the location in the financial statements of the gain or loss recognized on interest rate derivatives designated as cash flow hedges for the three and nine months ended September 30, 2024 and 2023.
The Effect of Hedge Accounting on Other Comprehensive Income (OCI)
Three Months Ended September 30,
Nine Months Ended September 30,
(Dollars in thousands)2024202320242023
Amount of gain (loss) recognized in OCI$(2,851)$2,804 $388 $4,106 
Location of gain (loss) reclassified from OCI into incomeInterest expense, net and amortization of deferred debt costsInterest expense, net and amortization of deferred debt costsInterest expense, net and amortization of deferred debt costsInterest expense, net and amortization of deferred debt costs
Amount of (gain) loss reclassified from OCI into income$(605)$(593)$(1,817)$(1,508)