Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments

The following table presents the terms of our derivative financial instruments (notional amounts in thousands):

	As of March 31, 2026
Interest Rate Derivatives	Number of Instruments	Notional Amount	Weighted Average Interest Rate	Index	Weighted Average Remaining Term (Years)
Interest rate swaps	7	$440,000	4.81%	SOFR	2.6
	As of December 31, 2025
Interest Rate Derivatives	Number of Instruments	Notional Amount	Weighted Average Interest Rate	Index	Weighted Average Remaining Term (Years)
Interest rate swaps	7	$440,000	4.81%	SOFR	2.9

Schedule of Fair Value of Derivative Financial Instruments

Our derivative financial instruments are classified as Level 2 in the fair value hierarchy. The following table presents the fair value of our derivative financial instruments:

		As of March 31,		As of December 31,
(amounts in thousands)	Balance Sheet Location	2026		2025
Interest rate swaps	Other assets, net	$	134	$	—
Interest rate swaps	Accounts payable and other liabilities	$	190	$	2,208

Schedule of Effect of Derivative Instruments on Consolidated Statements of Operations

The following table presents the amount of (gain)/loss recognized in Other comprehensive income/(loss) on derivatives on the Consolidated Statements of Income and Comprehensive Income (in thousands):
Derivatives in Cash Flow Hedging Relationship		For the Quarters Ended March 31,
		2026		2025
Interest rate swaps		$	(2,274)	$	909
The following table presents the amount of (gain)/loss reclassified from Accumulated other comprehensive income/(loss) into income on the Consolidated Statements of Income and Comprehensive Income (in thousands):
Derivatives in Cash Flow Hedging Relationship	Location of (gain)/ loss reclassified from Accumulated OCI into income	For the Quarters Ended March 31,
		2026		2025
Interest rate swaps	Interest Expense	$	(122)	$	(721)