Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2024

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Loss

13. Accumulated Other Comprehensive Income

Following is a summary of the changes in the balances of accumulated other comprehensive income, which is presented net of tax:

	Unrealized
	Gain (Loss) on
	Cash Flow
	Hedges		Total
Accumulated other comprehensive income as of December 31, 2023	$	1,843	$	1,843
Other comprehensive income before reclassifications		904		904
Amounts reclassified from accumulated other comprehensive income		(786)		(786)
Other comprehensive income		118		118
Less: Other comprehensive income attributable to non-controlling interest		(36)		(36)
Accumulated other comprehensive income as of June 30, 2024	$	1,925	$	1,925

Following is a summary of the tax effects allocated to other comprehensive (loss) income:

	Three Months Ended June 30, 2024
	Before-		Tax (Expense)		Net-of-
	Tax Amount		Benefit		Tax Amount
Interest rate swap	$	240	$	(43)	$	197
Interest rate swap - unconsolidated affiliate		27		(7)		20
Reclassification adjustment for net (gain) loss included in earnings		(480)		89		(391)
Net unrealized (loss) gain		(213)		39		(174)
Other comprehensive (loss) income	$	(213)	$	39	$	(174)

	Three Months Ended June 30, 2023
	Before-		Tax (Expense)		Net-of-
	Tax Amount		Benefit		Tax Amount
Unrealized gain (loss) on available-for-sale investments	$	26	$	(7)	$	19
Interest rate swap		986		(175)		811
Interest rate swap - unconsolidated affiliate		150		(38)		112
Reclassification adjustment for net (gain) loss included in earnings		(448)		83		(365)
Net unrealized gain (loss)		714		(137)		577
Other comprehensive income (loss)	$	714	$	(137)	$	577

	Six Months Ended June 30, 2024
	Before-		Tax (Expense)		Net-of-
	Tax Amount		Benefit		Tax Amount
Interest rate swaps	$	991	$	(176)	$	815
Interest rate swap - unconsolidated joint venture		120		(31)		89
Reclassification adjustment for net (gain) loss included in earnings		(964)		178		(786)
Net unrealized gain (loss)		147		(29)		118
Other comprehensive income (loss)	$	147	$	(29)	$	118

	Six Months Ended June 30, 2023
	Before-		Tax (Expense)		Net-of-
	Tax Amount		Benefit		Tax Amount
Unrealized gain (loss) on available-for-sale investments	$	253	$	(64)	$	189
Interest rate swaps		404		(72)		332
Interest rate swap - unconsolidated joint venture		114		(29)		85
Reclassification adjustment for net (gain) loss included in earnings		(808)		149		(659)
Net unrealized loss		(37)		(16)		(53)
Other comprehensive loss	$	(37)	$	(16)	$	(53)