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Debt and Financing Arrangements (Tables)
3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Unsecured Credit Facility
The effective interest rates under the 2022 credit facility, including the impact of interest rate swaps associated with the 2022 credit facility, for the three months ended March 31, 2024 and 2023 was as follows:
Three Months Ended
March 31,
20242023
Weighted average rates5.23%4.54%
Range of effective rates
1.93% - 6.83%
1.93% - 8.00%
Schedule of Recognized Interest Expense Interest expense, including amortization of deferred financing costs, commitment fees, line of credit fees, and other applicable bank charges, for the three months ended March 31, 2024 and 2023 was as follows (in thousands):
Three Months Ended March 31,
20242023
Credit facilities$4,511 $3,640 
Other— 
Total$4,511 $3,641