Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2024

Derivative Instruments

Schedule of effective portion of gains and losses on derivative instruments

		Year Ended December 31,
		2024		2023		2022
Cross-currency interest rate swaps (included component) (1)		$	136,880	$	(22,703)	$	(116,550)
Cross-currency interest rate swaps (excluded component) (2)			(22,841)		(25,428)		7,929
Total		$	114,039	$	(48,131)	$	(108,621)
	Location of	Year Ended December 31,
	gain or (loss)	2024		2023		2022
Cross-currency interest rate swaps (excluded component) (2)	Interest expense	$	25,037	$	21,836	$	6,260

(1) Included component represents foreign exchange spot rates.

(2) Excluded component represents cross-currency basis spread and interest rates.

Schedule of effect of cash flow hedges on accumulated other comprehensive income and the consolidated income statements

The effect of these cash flow hedges on accumulated other comprehensive loss and the consolidated income statements for the years ended December 31, 2024, 2023 and 2022, was as follows (in thousands):

	Year Ended December 31,
	2024		2023		2022
Interest rate swaps	$	(5,439)	$	(7,221)	$	7,774

Location of Year Ended December 31, 

	gain or (loss)	2024		2023		2022
Interest rate swaps	Interest expense	$	15,027	$	10,953	$	819

Schedule of fair value of derivative instruments in Balance sheets

	December 31, 2024				December 31, 2023
	Assets (1)		Liabilities (2)		Assets (1)		Liabilities (2)
Cross-currency interest rate swaps	$	32,883	$	75,597	$	—	$	156,753
Interest rate swaps		6,130		11,253		8,538		—
	$	39,013	$	86,850	$	8,538	$	156,753

(1) As presented in our consolidated balance sheets within Other assets.

(2) As presented in our consolidated balance sheets within Accounts payable and other Accrued liabilities.