Derivative instruments (Tables)

6 Months Ended

Jun. 30, 2024

Derivative instruments

Schedule of the Company's derivatives

		June 30, 2024						December 31, 2023
		Notional		Derivative		Derivative		Notional		Derivative		Derivative
(in thousands)	Primary Underlying Risk	Amount		Asset		Liability		Amount		Asset		Liability
Interest Rate Swaps - not designated as hedges	Interest rate risk	$	26,300	$	4,380	$	—	$	183,081	$	12,349	$	—
Interest Rate Swaps - designated as hedges	Interest rate risk		546,620		51,390		(2,038)		416,139		24,463		—
FX forwards	Foreign exchange rate risk		62,166		343		(600)		39,447		—		(212)
Total		$	635,086	$	56,113	$	(2,638)	$	638,667	$	36,812	$	(212)

Schedule of gains and losses on derivatives

		Net Realized		Net Unrealized
(in thousands)		Gain (Loss)		Gain (Loss)
Three Months Ended June 30, 2024
Interest rate swaps	$	3,566	$	(1,803)
FX forwards		912		—
Total	$	4,478	$	(1,803)
Three Months Ended June 30, 2023
Interest rate swaps	$	9,682	$	3,853
FX forwards		745		(1,364)
Total	$	10,427	$	2,489
Six Months Ended June 30, 2024
Interest rate swaps	$	7,958	$	5,083
FX forwards		912		—
Total	$	8,870	$	5,083
Six Months Ended June 30, 2023
Interest rate swaps	$	13,368	$	(4,606)
FX forwards		745		(1,826)
Total	$	14,113	$	(6,432)

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		Derivatives - effective portion recorded in OCI		Total change in OCI for period
Interest rate swaps
Three Months Ended June 30, 2024	$	(278)	$	(1,718)	$	(1,440)
Three Months Ended June 30, 2023	$	(294)	$	2,199	$	2,493
Six Months Ended June 30, 2024	$	(561)	$	4,244	$	4,805
Six Months Ended June 30, 2023	$	(592)	$	(1,904)	$	(1,312)