Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2024

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Interest Rate Derivatives Outstanding

Detail on the Company's interest rate derivatives outstanding as of June 30, 2024 and December 31, 2023 is as follows:

	Number of Instruments
Interest Rate Swaps	June 30, 2024		December 31, 2023
Notional amount		322,451		294,928
Number of instruments		16		15

Schedule of Fair Value of Interest Rate Derivatives

Detail on the fair value of the Company's interest rate derivatives as of June 30, 2024 and December 31, 2023 is as follows:

(in thousands)	Fair Value
Interest rate swaps classified as:	June 30, 2024			December 31, 2023
Derivative assets	$	16,293			14,213
Derivative liabilities		(261	)		(1,335	)

Derivative Instruments, Gain (Loss)

The following table represents the effect of the derivative financial instruments on the accompanying Consolidated Financial Statements:

Location and Amount of Gain (Loss) Recognized in OCI on Derivative					Location and Amount of Gain (Loss) Reclassified from AOCI into Income							Total amounts presented in the Consolidated Statements of Operations in which the effects of cash flow hedges are recorded
	Three months ended June 30,					Three months ended June 30,							Three months ended June 30,
(in thousands)	2024		2023			2024			2023				2024		2023
Interest rate swaps	$	3,124		5,457	Interest income	$	(2,440	)		(1,649	)	Interest expense, net	$	43,178		36,956
	Six months ended June 30,					Six months ended June 30,							Six months ended June 30,
(in thousands)	2024		2023			2024			2023				2024		2023
Interest rate swaps	$	11,717		2,721	Interest income	$	(4,807	)		(3,141	)	Interest expense, net	$	86,046		73,349