Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Liabilities at Fair Value

The fair values of outstanding derivative instruments are as follows (in thousands):

	Fair Value of Derivatives
	March 31, 2022			December 31, 2021			Balance Sheet Classification
Derivatives designated as hedges:
10 year forward interest rate swap	$	(1,489	)	$	(5,446	)	Other long-term (liabilities)
	$	(1,489	)	$	(5,446	)

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)

The effect of the interest rate swaps on the consolidated statements of operations is as follows (in thousands):

	Three Months Ended
	March 31,
	2022		2021			Income Statement Classification
Derivatives designated as hedges:
5 year interest rate swap	$	89	$	(831	)	Increase (decrease) to interest expense
10 year interest rate swap		165		490		Increase (decrease) to interest expense
	$	254	$	(341	)