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Accumulated Other Comprehensive Income (Tables)
9 Months Ended
Sep. 30, 2022
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]  
Summary of Changes in Accumulated Other Comprehensive Income by Component

The following table sets forth changes in accumulated other comprehensive income by component for the three and nine months ended September 30, 2022 and 2021, respectively, including amounts attributable to noncontrolling interests in the Operating Partnership.

 

 

 

For the Three Months Ended

 

 

For the Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

(Amounts in thousands)

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Amount of income related to the cash flow hedges recognized
   in other comprehensive income
(1)

$

12,134

 

 

$

671

 

 

$

36,786

 

 

$

671

 

Amounts reclassified from accumulated other comprehensive
   income (decreasing) increasing interest and debt expense
(1)

 

(2,338

)

 

 

324

 

 

 

(2,336

)

 

 

324

 

Amount of income (loss) related to unconsolidated joint ventures
   recognized in other comprehensive income (loss)
(2)

 

6,150

 

 

 

(88

)

 

 

18,046

 

 

 

2,693

 

Amounts reclassified from accumulated other comprehensive income
   (decreasing) increasing loss from unconsolidated joint ventures
 (2)

 

(443

)

 

 

1,016

 

 

 

1,063

 

 

 

2,984

 

 

(1)
Represents amounts related to interest rate swaps with an aggregate notional value of $500,000 and interest rate caps with an aggregate notional value of $360,000, which were designated as cash flow hedges.
(2)
Primarily represents amounts related to an interest rate swap with a notional value of $402,000, which was designated as a cash flow hedge.