Derivatives (Tables)

9 Months Ended

Sep. 30, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Amounts Paid and Received on Interest Rate Swap Transactions, Excluding Upfront Fees

The following table presents the amounts paid and received on the Company’s interest rate swap transactions, excluding upfront fees, for the three and nine months ended September 30, 2024. The Company had no interest rate swaps for the three and nine months ended September 30, 2023.

				For the three months ended September 30, 2024								For the nine months ended September 30, 2024
	Maturity Date	Notional Amount		Paid			Received		Net			Paid			Received		Net
Interest rate swap	3/11/2029	$	600,000	$	(12,038	)	$	9,750	$	(2,288	)	$	(25,925	)	$	21,017	$	(4,908	)
Interest rate swap	3/11/2029		150,000		(2,900	)		2,438		(462	)		(3,151	)		2,654		(497	)
Interest rate swap	1/15/2030		600,000		(1,133	)		862		(271	)		(1,133	)		862		(271	)
Total		$	1,350,000	$	(16,071	)	$	13,050	$	(3,021	)	$	(30,209	)	$	24,533	$	(5,676	)