XML 39 R29.htm IDEA: XBRL DOCUMENT v3.22.2
DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING (Tables)
 6 Months Ended
Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivative financial instruments
Information about our derivative financial instruments at June 30, 2022 and December 31, 2021 is as follows (dollars in thousands): 
Notional AmountFair Value
Contract dateEffective DateExpiration DateAverage Annual Effective Fixed RateJune 30, 2022December 31, 2021June 30, 2022December 31, 2021
October 2, 2017January 29, 2018January 31, 20231.98 %$100,000 $100,000 $482 $(1,617)
October 2, 2017January 29, 2018January 31, 20231.98 %100,000 100,000 476 (1,629)
June 11, 2018September 28, 2018September 30, 20242.87 %75,000 75,000 299 (3,831)
June 11, 2018December 31, 2018December 31, 20252.93 %125,000 125,000 30 (8,646)
$400,000 $400,000 $1,287 $(15,723)
Schedule of the location in the financial statements of the gain or loss recognized on derivative financial instruments designated as cash flow hedges
The table below details the location in the financial statements of the realized and unrealized gain or loss related to derivative financial instruments designated as cash flow hedges (in thousands):
 
 For the
Three Months Ended
June 30,		For the
Six Months Ended
June 30,
 2022202120222021
Unrealized gain (loss) recorded in Other comprehensive income on derivative financial instruments$3,211 $(1,004)$13,024 $2,881 
Loss reclassified from Other comprehensive income to Interest expense$(1,685)$(2,366)$(3,985)$(4,684)
Total interest expense in which the effects of cash flow hedges are recorded$(15,118)$(10,962)$(28,557)$(21,750)