Financial Instruments and Derivatives (Tables)

3 Months Ended

Mar. 31, 2023

Fair Value Disclosures [Abstract]

Effect of Derivative Instruments on Consolidated Statement of Operations

The tables below present the effect of the Company’s derivative financial instruments on the Condensed Consolidated Statements of Operations for the three months ended March 31, 2023 and 2022 (dollars in thousands):

		Net Loss Reclassified from AOCL into Interest Expense
	Location of Loss Reclassified	Three months ended March 31,
Derivatives in Cash Flow Hedging Relationships	from AOCL into Income	2023			2022
Terminated interest rate swaps	Interest expense	$	(278	)	$	(279	)

		Gain Recognized in Earnings on Derivative
	Location of Gain Recognized	Three months ended March 31,
Derivative Not Designated as Hedging Instrument	in Earnings on Derivative	2023		2022
Preferred stock embedded derivative	Other non-operating income	$	4,435	$	11,896