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DERIVATIVE AND HEDGING INSTRUMENTS (Tables)
 12 Months Ended
Dec. 31, 2024
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,
20242023
Derivatives designated as cash flow hedges:
Denominated in U.S. Dollars$430,000 $753,750 
Denominated in Canadian Dollars$150,000 $300,000 
Derivatives designated as net investment hedges:
Denominated in Canadian Dollars$46,270 $55,335 
Financial instrument designated as net investment hedge:
Denominated in Canadian Dollars$189,600 $194,300 
Derivatives not designated as net investment hedges:
Denominated in Canadian Dollars$10,030 $965 
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, 2024 and 2023 (dollars in thousands):    
Count as of December 31, 2024
Maturity Dates as of December 31, 2024
Fair Value as of December 31,
TypeDesignation20242023Balance Sheet Location
Assets:
Interest rate swapsCash flow5 $14,085 $6,002 2028Accounts receivable, prepaid expenses and other assets, net
Interest rate collarsCash flow— — 3,216 —Accounts receivable, prepaid expenses and other assets, net
Forward starting interest rate swapsCash flow— — 6,736 —Accounts receivable, prepaid expenses and other assets, net
Cross currency interest rate swapsNet investment2 6,290 2,964 2025Accounts receivable, prepaid expenses and other assets, net
$20,375 $18,918 
Liabilities:
CAD borrowings under Revolving Credit FacilityNet investment1 27,554 33,429 2027Revolving credit facility
CAD Term LoanNet investment1 104,370 113,190 2028Term loans, net
$131,924 $146,619 
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 income (loss) and the consolidated statements of equity for the years ended December 31, 2024, 2023 and 2022 (in thousands):
Gain (Loss) Recognized in Other Comprehensive Income (Loss)Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss)
Into Income		Income Statement Location
For the year ended December 31,
202420232022202420232022
Cash Flow Hedges:
Interest rate products$12,549 $13,116 $22,032 $9,413 $8,332 $(4,179)Interest expense
Net Investment Hedges:
Foreign currency products3,075 (664)2,233 — — — N/A
CAD borrowings under Revolving Credit Facility(1,916)(3,456)9,454 — — — N/A
CAD Term Loan8,820 (2,465)6,150 — — — N/A
$22,528 $6,531 $39,869 $9,413 $8,332 $(4,179)
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, 2024 and 2023 (in thousands):
As of December 31, 2024
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$20,375 $— $20,375 $— $— $20,375 
Offsetting Liabilities:
Derivatives$— $— $— $— $— $— 
As of December 31, 2023
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$18,918 $— $18,918 $— $— $18,918 
Offsetting Liabilities:
Derivatives$— $— $— $— $— $— 
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, 2024 and 2023 (in thousands):
As of December 31, 2024
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$20,375 $— $20,375 $— $— $20,375 
Offsetting Liabilities:
Derivatives$— $— $— $— $— $— 
As of December 31, 2023
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$18,918 $— $18,918 $— $— $18,918 
Offsetting Liabilities:
Derivatives$— $— $— $— $— $—