At September 30, 2025 and December 31, 2024, financial instruments measured at fair value on a recurring basis, based upon the fair value hierarchy, are as follows (in thousands):


	September 30, 2025
	Level 1		Level 2		Level 3		Total
Derivative assets:
Interest rate swaps	$	—	$	80,886	$	—	$	80,886
Total	$	—	$	80,886	$	—	$	80,886
Derivative liabilities:
Interest rate swaps	$	—	$	25,128	$	—	$	25,128
Total	$	—	$	25,128	$	—	$	25,128


	December 31, 2024
	Level 1		Level 2		Level 3		Total
Derivative assets:
Interest rate swaps	$	—	$	171,758	$	—	$	171,758
Total	$	—	$	171,758	$	—	$	171,758
Derivative liabilities:
Interest rate swaps	$	—	$	7,385	$	—	$	7,385
Total	$	—	$	7,385	$	—	$	7,385