ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following tables summarize changes in the accumulated balances for each component of AOCI, including current-period other comprehensive income (loss) and reclassifications out of AOCI, for the periods presented.

	Three Months Ended March 31, 2022
	Unrealized Gains (Losses) on Cash Flow Hedges		Unrealized Gains (Losses) on Available for-Sale Debt Securities		Total
AOCI balance at December 31, 2021	$	15,805	$	(1,373)	$	14,432
Other comprehensive income (loss) before      reclassifications	(3,225)		(10,274)		(13,499)
Less: gain (loss) reclassified from AOCI	4,193		—		4,193
Tax effect	—		2,383		2,383
Net current-period other comprehensive income (loss)	(7,418)		(7,891)		(15,309)
AOCI balance at March 31, 2022	$	8,387	$	(9,264)	$	(877)

	Three Months Ended March 31, 2021
	Unrealized Gains (Losses) on Cash Flow Hedges		Unrealized Gains (Losses) on Available for-Sale Debt Securities		Total
AOCI balance at December 31, 2020	$	(20,028)	$	3,889	$	(16,139)
Other comprehensive income (loss) before      reclassifications	19,893		(1,945)		17,948
Less: gain (loss) reclassified from AOCI	(2,752)		—		(2,752)
Tax effect	—		443		443
Net current-period other comprehensive income (loss)	22,645		(1,502)		21,143
AOCI balance at March 31, 2021	$	2,617	$	2,387	$	5,004

For additional discussion of reclassifications from AOCI see Note 5 – Derivative Instruments and Hedging Strategies.