XML 65 R50.htm IDEA: XBRL DOCUMENT v3.25.0.1
Derivatives and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2024
Derivatives and Hedging Activities [Abstract]  
Schedule of Effects of Interest Rate Swaps on the Consolidated Balance Sheets

Fair Value as of

Balance Sheet

December 31,

December 31,

Location

2024

2023

Derivatives Designated as Hedging Instruments

(in thousands)

Interest rate swap agreements in a fair value asset position

Other assets

$

50,589 

$

104,674 

Interest rate swap agreement in a fair value liability position

Other long-term liabilities

$

$

19,573 

Schedule of Effect of Derivatives on the Consolidated Statements of Operations and Consolidated Statements of Shareholders’ Deficit

For the year ended December 31,

2024

2023

2022

Cash Flow Hedge - Interest Rate Swap Agreement

(in thousands)

Change in fair value recorded in Accumulated other comprehensive

loss, net

$

(34,513)

$

(97,760)

$

122,536 

Gain on settlement of hedging agreement recorded in Accumulated other

comprehensive loss, net

8,187 

Gain reclassified from Accumulated other comprehensive

loss, net into earnings

$

(608)

$

$

Derivatives Not Designated as Hedges - Interest Rate Swap Agreements

Amount reclassified from Accumulated other comprehensive

loss, net into Non-cash interest expense

$

26,317 

$

29,627 

$

44,887