XML 67 R51.htm IDEA: XBRL DOCUMENT

Interest Rate Swap (Tables)

12 Months Ended

Dec. 31, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Interest Rate Swap Designated as a Cash Flow Hedge

The Company had the following interest rate swap designated as a cash flow hedge ($s in thousands):

As of December 31, 2024

Effective
Date

Maturity
Date

Notional
Amount

Fair Value

Pay Fixed

Receive Rate

4/15/2020

3/15/2030

$

9,822

$

1,075

3.887

%

1 Month SOFR + 2.61448%

As of December 31, 2023

Effective
Date

Maturity
Date

Notional
Amount

Fair Value

Pay Fixed

Receive Rate

4/15/2020

3/15/2030

$

10,466

$

1,117

3.887

%

1 Month LIBOR + 2.61448%

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References + Details