Accumulated Other Comprehensive (Loss)/Income ("AOCI")

3 Months Ended

Mar. 31, 2025

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive (Loss)/Income ("AOCI")

20. Accumulated Other Comprehensive (Loss)/Income (“AOCI”)

The following tables present the change in the components of AOCI for the three months ended March 31, 2025 and 2024 (in thousands):

	Three Months Ended March 31, 2025
	Cash Flow Hedges for Interest Payments			Cash Flow Hedges for Interest Payments of Unconsolidated Investees			Total
Balance at beginning of period	$	7,239		$	3,799		$	11,038
Other comprehensive loss before reclassifications		(8,987	)		(1,314	)		(10,301	)
Amounts reclassed from AOCI		(1,282	)		(366	)		(1,648	)
Net current-period other comprehensive loss		(10,269	)		(1,680	)		(11,949	)
Balance at end of period	$	(3,030	)	$	2,119		$	(911	)

	Three Months Ended March 31, 2024
	Cash Flow Hedges for Interest Payments			Cash Flow Hedges for Interest Payments of Unconsolidated Investees		Total
Balance at beginning of period	$	-		$	3,329	$	3,329
Other comprehensive income before reclassifications		8,536			491		9,027
Amounts reclassified from AOCI		(2,077	)		-		(2,077	)
Net current-period other comprehensive income		6,459			491		6,950
Balance at end of period	$	6,459		$	3,820	$	10,279

On the Company’s Condensed Consolidated Statements of Operations, unrealized gains and losses reclassified from AOCI related to (i) cash flow hedges for interest payments are included in Interest expense and (ii) cash flow hedges for interest payments of unconsolidated investees are included in Equity in income of joint ventures, net.