Derivative instruments (Tables)

12 Months Ended

Dec. 31, 2023

Derivative instruments

Schedule of the Company's derivatives

		December 31, 2023						December 31, 2022
		Notional		Derivative		Derivative		Notional		Derivative		Derivative
(in thousands)	Primary Underlying Risk	Amount		Asset		Liability		Amount		Asset		Liability
Interest Rate Swaps - not designated as hedges(1)	Interest rate risk	$	183,081	$	12,349	$	—	$	216,381	$	19,366	$	—
Interest Rate Swaps - designated as hedges(1)	Interest rate risk		416,139		24,463		—		266,139		33,863		—
FX forwards	Foreign exchange rate risk		39,447		—		(212)		47,834		1,123		(1,319)
Total		$	638,667	$	36,812	$	(212)	$	530,354	$	54,352	$	(1,319)
(1) Refer to Note 22 - Offsetting Assets and Liabilities for further details.

Schedule of gains and losses on derivatives

		Net Realized		Net Unrealized
(in thousands)		Gain (Loss)		Gain (Loss)
Year Ended December 31, 2023
Interest rate swaps	$	20,116	$	(17,482)
FX forwards		731		(16)
Total	$	20,847	$	(17,498)
Year Ended December 31, 2022
Interest rate swaps	$	9,701	$	50,982
FX forwards		3,548		(802)
Total	$	13,249	$	50,180

Schedule of gains and losses on the Company's derivatives which have qualified for hedge accounting

(in thousands)	Derivatives - effective portion reclassified from AOCI to income		Hedge ineffectiveness recorded directly in income		Total income statement impact		Derivatives - effective portion recorded in OCI		Total change in OCI for period
Interest rate swaps
Year Ended December 31, 2023	$	(1,168)	$	—	$	(1,168)	$	(11,701)	$	(10,533)
Year Ended December 31, 2022	$	(1,412)	$	—	$	(1,412)	$	(3,545)	$	(2,133)