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DERIVATIVE AND HEDGING INSTRUMENTS (Tables)
 12 Months Ended
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amount of Derivatives Instruments
The following presents the notional amount of derivative instruments as of the dates indicated (in thousands):  
As of December 31,
20222021
Derivatives designated as cash flow hedges:
Denominated in U.S. Dollars (1)
$436,250 $436,250 
Denominated in Canadian Dollars$125,000 $125,000 
Derivatives designated as net investment hedges:
Denominated in Canadian Dollars$55,991 $50,859 
Financial instrument designated as net investment hedge:
Denominated in Canadian Dollars$329,500 $125,000 
Derivatives not designated as net investment hedges:
Denominated in Canadian Dollars$309 $5,441 
(1)    Balance includes swaps with an aggregate notional amount of $175.0 million, which accretes to $262.5 million in January 2023.
Schedule of Derivative and Financial Instruments Designated as Hedging Instruments
The following is a summary of the derivative and financial instruments designated as hedging instruments held by the Company at December 31, 2022 and 2021 (dollars in thousands):    
Count as of December 31, 2022
Maturity Dates
Fair Value as of December 31,
TypeDesignation20222021Balance Sheet Location
Assets:
Interest rate swapsCash flow6 $11,004 $1,481 2023 - 2024Accounts receivable, prepaid expenses and other assets, net
Interest rate collarsCash flow2 6,622 — 2024Accounts receivable, prepaid expenses and other assets, net
Cross currency interest rate swapsNet investment2 3,851 1,849 2025Accounts receivable, prepaid expenses and other assets, net
$21,477 $3,330 
Liabilities:
Interest rate swapsCash flow— $— $3,522 2023 - 2024Accounts payable and accrued liabilities
Interest rate collarsCash flow— — 204 2024Accounts payable and accrued liabilities
CAD borrowings under Prior Revolving Credit FacilityNet investment1 150,982 — 2023Revolving credit facility
CAD Prior Term LoanNet investment1 92,288 98,438 2024Term loans, net
$243,270 $102,164 
Effect of Derivatives and Financial Instruments Designated as Hedging Instruments on Income and Equity
The following presents the effect of the Company’s derivative and financial instruments designated as hedging instruments on the consolidated statements of (loss) income and the consolidated statements of equity for the years ended December 31, 2022, 2021 and 2020 (in thousands):
Gain (Loss) Recognized in Other Comprehensive Income (Loss)Loss Reclassified from Accumulated Other Comprehensive Income (Loss)
Into Income		Income Statement Location
For the year ended December 31,
202220212020202220212020
Cash Flow Hedges:
Interest rate products$22,032 $17,408 $(35,320)$(4,179)$(12,774)$(8,072)Interest expense
Net Investment Hedges:
Foreign currency products2,233 (272)(758)— — — N/A
CAD borrowings under Prior Revolving Credit Facility9,454 — — — — — N/A
CAD Prior Term Loan6,150 (338)(2,075)— — — N/A
$39,869 $16,798 $(38,153)$(4,179)$(12,774)$(8,072)
Gross Presentation, Effects of Offsetting, and a Net Presentation of Derivatives, Assets The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company’s derivatives as of December 31, 2022 and 2021 (in thousands):
As of December 31, 2022
Gross Amounts of Recognized Assets / LiabilitiesGross Amounts Offset in the Balance SheetNet Amounts of Assets / Liabilities presented in the Balance SheetGross Amounts Not Offset in the Balance Sheet
Financial InstrumentsCash Collateral ReceivedNet Amount
Offsetting Assets:
Derivatives$21,477 $— $21,477 $— $— $21,477 
Offsetting Liabilities:
Derivatives$— $— $— $— $— $— 
As of December 31, 2021
Gross Amounts of Recognized Assets / LiabilitiesGross Amounts Offset in the Balance SheetNet Amounts of Assets / Liabilities presented in the Balance SheetGross Amounts Not Offset in the Balance Sheet
Financial InstrumentsCash Collateral ReceivedNet Amount
Offsetting Assets:
Derivatives$3,330 $— $3,330 $(930)$— $2,400 
Offsetting Liabilities:
Derivatives$3,726 $— $3,726 $(930)$— $2,796 
Gross Presentation, Effects of Offsetting, and a Net Presentation of Derivatives, Liabilities The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company’s derivatives as of December 31, 2022 and 2021 (in thousands):
As of December 31, 2022
Gross Amounts of Recognized Assets / LiabilitiesGross Amounts Offset in the Balance SheetNet Amounts of Assets / Liabilities presented in the Balance SheetGross Amounts Not Offset in the Balance Sheet
Financial InstrumentsCash Collateral ReceivedNet Amount
Offsetting Assets:
Derivatives$21,477 $— $21,477 $— $— $21,477 
Offsetting Liabilities:
Derivatives$— $— $— $— $— $— 
As of December 31, 2021
Gross Amounts of Recognized Assets / LiabilitiesGross Amounts Offset in the Balance SheetNet Amounts of Assets / Liabilities presented in the Balance SheetGross Amounts Not Offset in the Balance Sheet
Financial InstrumentsCash Collateral ReceivedNet Amount
Offsetting Assets:
Derivatives$3,330 $— $3,330 $(930)$— $2,400 
Offsetting Liabilities:
Derivatives$3,726 $— $3,726 $(930)$— $2,796