Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2023

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

10. Accumulated Other Comprehensive Income

The following table sets forth changes in accumulated other comprehensive income or loss by component for the years ended December 31, 2023, 2022 and 2021, including amounts attributable to noncontrolling interests in the Operating Partnership.


	For the Year Ended December 31,
(Amounts in thousands)	2023			2022			2021
Amount of income related to the cash flow hedges recognized in other comprehensive (loss) income (1)	$	5,595		$	39,865		$	6,069
Amount reclassified from accumulated other comprehensive income (decreasing) increasing interest and debt expense (1)		(31,039	)		(8,026	)		788
Amount of (loss) income related to unconsolidated joint ventures recognized in other comprehensive (loss) income (2)		(5,055	)		18,859			5,562
Amounts reclassified from accumulated other comprehensive income (decreasing) increasing loss from unconsolidated joint ventures (2)		(9,529	)		(374	)		4,003

(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 interest rate swap with a notional value of $402,000, which was designated as cash flow hedge.