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Derivative Instruments and Hedging (Tables)
9 Months Ended
Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Financial Instruments The following table presents the fair value of our derivative financial instrument:
As of September 30,As of December 31,
(amounts in thousands)Balance Sheet Location20222021
Interest Rate SwapOther assets, net$20,474 $3,524 
Schedule of Effect of Derivative Instruments on Consolidated Statements of Operations
The following table presents the effect of our derivative financial instrument on the Consolidated Statements of Income and Comprehensive Income:
Derivatives in Cash Flow Hedging RelationshipAmount of (gain)/loss recognized
in OCI on derivative
for the nine months ended September 30,
Location of (gain)/ loss reclassified from
accumulated OCI into income
Amount of (gain)/loss reclassified from
accumulated OCI into income
for the nine months ended September 30,
(amounts in thousands)20222021(amounts in thousands)20222021
Interest Rate Swap$(18,479)$142 Interest Expense$(1,527)$467