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Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2022
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on Recurring Basis
The following table presents the assets and liabilities recorded that are reported at fair value on our Consolidated Balance Sheets on a recurring basis.
March 31, 2022
(In thousands)Level 1Level 2Level 3Total
Assets
Derivative assets$—$11,269$—$11,269
Liabilities
Derivative liabilities$—$951$—$951
December 31, 2021
(In thousands)Level 1Level 2Level 3Total
Assets
Derivative assets$—$2,591$—$2,591
Liabilities
Derivative liabilities$—$7,517$—$7,517
Fair Value Measurements, Nonrecurring
The following table presents the carrying value and fair value of certain financial liabilities that are recorded on our Consolidated Balance Sheets. The fair value of the long-term debt (Level 2) is determined using the present value of the contractual cash flows, discounted at the current market cost of debt.
March 31, 2022
(In thousands)
Carrying Value(1)
Fair Value
Term loan due 2023$50,000 $50,066 
Term loan due 2024100,000 100,133 
Term loan due 2025150,000 150,991 
Term loan due 2026100,000 100,774 
Senior fixed note due June 202450,000 51,972 
Senior fixed note due June 202775,000 80,358 
Senior fixed note due June 202650,000 52,768 
Senior fixed note due June 202850,000 53,724 
Senior fixed note due June 202950,000 48,884 
Senior fixed note due April 203075,000 73,250 
Senior fixed note due April 202950,000 47,866 
Senior fixed note due April 203150,000 48,087 
Senior fixed note due March 203150,000 47,977 
Senior fixed note due March 203275,000 71,783 
Revolving credit facility— — 
December 31, 2021
(In thousands)
Carrying Value(1)
Fair Value
Term loan due 2023$50,000 $50,237 
Term loan due 2024100,000 100,474 
Term loan due 2025150,000 151,702 
Term loan due 2026100,000 101,262 
Senior fixed note due June 202450,000 53,482 
Senior fixed note due June 202775,000 84,593 
Senior fixed note due June 202650,000 55,468 
Senior fixed note due June 202850,000 56,952 
Senior fixed note due June 202950,000 52,045 
Senior fixed note due April 203075,000 78,246 
Senior fixed note due April 202950,000 50,965 
Senior fixed note due April 203150,000 51,584 
Revolving credit facility36,000 36,220 
(1)    Carrying values exclude deferred financing costs