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Interest Rate Cap (Tables)
12 Months Ended
Dec. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of accumulated other comprehensive income (loss)
The following table outlines the changes in accumulated other comprehensive income (loss), net of tax, during the periods presented:
For the Year Ended December 31,
202120222023
(in thousands)
Balance as of January 1$(2,027)$12,282 $88,602 
Gain on interest rate cap contract14,270 90,730 15,783 
Amounts reclassified from accumulated other comprehensive income (loss)39 (14,410)(61,478)
Balance as of December 31$12,282 $88,602 $42,907 
Schedule of reclassification out of accumulated other comprehensive income (loss)
The effects on net income of amounts reclassified from accumulated other comprehensive income (loss) are as follows:
For the Year Ended December 31,
Statement of Operations202120222023
(in thousands)
Gains (losses) included in interest expense$(51)$19,086 $80,766 
Income tax benefit (expense)12 (4,676)(19,288)
Amounts reclassified from accumulated other comprehensive income (loss)$(39)$14,410 $61,478