Interest Rate Swaps (Tables)

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

As of December 31, 2023, the following interest rate swaps are outstanding (in thousands):


#	Notional Amount		Fixed Rate		Effective Date	Early Termination Date	Maturity Date	Total Fair Value Asset (Liability)

1	$	12,459	0.78	%	4/30/2020	4/30/2026	1/31/2031	$	1,231
2	12,459		0.75	%	4/30/2020	4/30/2026	1/31/2031	1,243
3	12,459		0.73	%	4/30/2020	4/30/2026	1/31/2031	1,273
4	4,406		1.57	%	10/31/2019	4/30/2026	1/31/2031	332
5	7,711		1.62	%	10/31/2019	4/30/2026	1/31/2031	564
6	7,711		1.56	%	10/31/2019	4/30/2026	1/31/2031	587
7	7,711		1.59	%	10/31/2019	4/30/2026	1/31/2031	572
8	41,464		2.39	%	7/31/2019	4/30/2026	10/31/2031	1,914
9	41,464		2.33	%	7/31/2019	4/30/2026	10/31/2031	2,029
10	23,693		2.34	%	7/31/2019	4/30/2026	10/31/2031	1,144
11	41,464		2.36	%	7/31/2019	4/30/2026	10/31/2031	1,962
12	28,837		0.69	%	01/31/2023	11/13/2027	10/31/2032	3,646
13	28,837		0.73	%	01/31/2023	11/13/2027	10/29/2032	3,601
14	17,647		2.83	%	07/12/2022	5/14/2027	04/30/2032	554
15	44,418		0.40	%	07/12/2022	5/14/2027	10/31/2031	5,557
16 (1)	110,151		3.27	%	06/14/2022	8/18/2025	11/17/2033	1,288
17 (1)	18,998		4.24	%	08/18/2023	—	01/31/2032	(457)
	$	461,889						$	27,040

(1) The amounts reflect, respectively, the Deutsche Bank swap assumed by the Company as part of the SEMTH Acquisition and an additional swap related to the SP2 Facility Amendment transacted concurrently with the Tredegar Acquisition to hedge the floating rate of the incremental term loans (See Note 8. Non-Recourse Debt).