Derivatives (Tables)

6 Months Ended

Jun. 30, 2022

Derivatives

Schedule of effect of derivative instruments on consolidated financial position

(in thousands)	June 30, 2022		December 31, 2021
Interest rate swaps designated as cash flow hedging instruments
Accrued liabilities	$	—	$	727
Interest rate swaps not designated as hedging instruments
Accrued liabilities		—		523
Total derivative liabilities	$	—	$	1,250

Schedule of effect of derivative instruments on results of operations

	Three Months Ended				Six Months Ended
	June 30,				June 30,
(in thousands)	2022		2021		2022		2021
Total amount of interest expense in which the effects of cash flow hedges and undesignated interest rate swaps are recorded	$	24,456	$	25,958	$	49,702	$	57,203
Interest rate swaps designated as cash flow hedging instruments
Pre-tax loss recognized in other comprehensive income	$	—	$	(79)	$	(512)	$	(89)
Pre-tax loss reclassified from accumulated other comprehensive loss into interest expense		—		(1,302)		(1,758)		(2,573)
Interest rate swaps not designated as hedging instruments
Gain recognized in interest expense	$	—	$	—	$	523	$	—