Derivative Instruments (Tables)

9 Months Ended

Sep. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Derivative Financial Instruments

The following table summarizes the terms of our derivative financial instruments as of September 30, 2022:

	Notional Amount	Strike	Effective Date	Maturity Date
Interest Rate Derivative:
CDOR Swap (1)	$16,500,000	4.02%	September 27, 2022	September 20, 2025

Notional amount is denominated in CAD and has been designated as a cash flow hedge.

Summary of Derivative Financial Instruments in Statement of Consolidated Balance Sheet

The following table presents a gross presentation of the fair value of our derivative financial instruments as well as their classification on our consolidated balance sheets as of September 30, 2022:

	Asset/Liability Derivatives Fair Value
	September 30, 2022	December 31, 2021
Interest Rate Swap
Accounts payable and accrued liabilities	$19,085	$—