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Derivative Instruments (Tables) | 9 Months Ended
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Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of interest rate derivatives | As of September 30, 2023, the Company had derivative agreements in place to fix interest rates on a portion of the borrowings under its debt facilities with floating interest rates as summarized below:
Derivatives |  | Notional Amount (in millions) |  | Weighted Average Fixed Leg (Pay) Interest Rate |  |  |  | Weighted Average Remaining Term
Interest Rate Swap(1) |  | $1,609.0 |  | 2.49% |  |  |  | 2.9 years
(1) Excludes certain interest rate swaps with an effective date in a future period ("forward starting swaps"). Including these instruments will increase total notional amount by $350.0 million and increase the weighted average remaining term to 4.0 years.
Schedule of derivatives instruments and their effect on consolidated statements of operations and consolidated statements of comprehensive income | The following table summarizes the impact of derivative instruments on the Consolidated Statements of Operations and the Consolidated Statements of Comprehensive Income on a pretax basis (in thousands):
|  |  | Three Months Ended September 30, |  | Nine Months Ended September 30,
| Financial statement caption |  | 2023 |  | 2022 |  | 2023 |  | 2022
Non-Designated Derivative Instruments |  |  |  |  |  |  |  |  |
Unrealized (gains) losses | Unrealized (gain) loss on derivative instruments, net |  | $ | (4) |  |  | $ | 19 |  |  | $ | (8) |  |  | $ | (320) |
Designated Derivative Instruments |  |  |  |  |  |  |  |  |
Realized (gains) losses | Interest and debt (income) expense |  | $ | (13,030) |  |  | $ | (2,313) |  |  | $ | (34,183) |  |  | $ | 7,403 |
Unrealized (gains) losses | Comprehensive (income) loss |  | $ | (32,317) |  |  | $ | (53,866) |  |  | $ | (56,646) |  |  | $ | (169,315) |

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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4E -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4E Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4A + Details
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- Definition Tabular disclosure of interest rate derivatives, including, but not limited to, the fair value of the derivatives, statement of financial position location, and statement of financial performance location of these instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Publisher FASB -URI https://asc.fasb.org//1943274/2147480434/815-10-50-4C + Details
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