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Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Notional Amounts and Fair Values
The notional amounts of derivative instruments are as follows:
(Dollars in thousands)
December 31, 2025December 31,
2024
Derivative instruments designated as hedging instruments:
Interest rate contracts$150,000 $150,000 
The following table summarizes the fair value and presentation on the consolidated balance sheets for derivative instruments:

(Dollars in thousands)
Balance Sheet LocationDecember 31, 2025December 31,
2024
Derivative instruments designated as hedging instruments:
Interest rate contractsOther assets, current$2,547 $3,576 
Other assets$9,271 $14,606 
Schedule of AOCI Activities
Accumulated other comprehensive income activities during 2025 were as follows (in thousands):

December 31,
2024
2025December 31,
2025
BalanceChanges in Fair Value RecognizedReclassifications to Income StatementBalance
Cash flow hedges, before tax totals$17,831 $(2,485)$(3,803)$11,543 
We reclassified gains associated with our cash flow hedges from accumulated other comprehensive income to the statements of operations when the Forward Interest Rate Swaps became effective as of January 1, 2024 and are presented in the following table:

(Dollars in thousands)
December 31,
2025
December 31,
2024
Interest rate contracts:
Interest expense$3,803 $5,207 
Schedule of Unrealized Gains (Losses) on Hedging Transactions
Unrealized (losses) gains associated with our hedging transactions recognized in other comprehensive income are presented in the following table:

(Dollars in thousands)
December 31,
2025
December 31,
2024
Changes in other comprehensive income:
Interest rate contracts$(4,831)$1,683