Financial Instruments and Derivatives (Tables)

9 Months Ended

Sep. 30, 2024

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 and nine months ended September 30, 2024 and 2023 (dollars in thousands):

		Net Loss Reclassified from AOCL into Interest Expense
	Location of Loss Reclassified	Three months ended September 30,
Derivatives in Cash Flow Hedging Relationships	from AOCL into Income	2024			2023
Terminated interest rate swaps	Interest expense	$	(428	)	$	(279	)
		Nine months ended September 30,
		2024			2023
Terminated interest rate swaps	Interest expense	$	(1,448	)	$	(835	)

		Loss Recognized in Earnings on Derivative
	Location of Loss Recognized	Three months ended September 30,
Derivative Not Designated as Hedging Instrument	in Earnings on Derivative	2024			2023
Preferred stock embedded derivative	Other non-operating expense (income)	$	(18,257	)	$	(11,250	)
		Nine months ended September 30,
		2024			2023
Preferred stock embedded derivative	Other non-operating expense (income)	$	(14,451	)	$	(1,863	)