Derivatives and Hedging (Tables)

9 Months Ended

Sep. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in the Balance Sheets

The following table presents the fair values of derivative assets and liabilities in the condensed consolidated balance sheets (in thousands):

	September 30, 2022
	Derivative Asset				Derivative Liability
	Notional Amount		Fair Value		Notional Amount		Fair Value
Interest rate cap	$	50,260	$	464	$	—	$	—
Total derivative			$	464			$	—

Schedule of Derivative Instruments in the Statement of Operations

The following table presents the effect of the derivative instrument on the condensed consolidated statements of operations (in thousands):

	Three months ended September 30,		Nine months ended September 30,
	2022	2021	2022	2021
Derivative not designated as hedge
Interest rate cap
Gain on derivative not designated as hedge included in interest expense	251	—	206	—