DERIVATIVE INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Amount and Location of Derivatives in the Balance Sheet

The following table summarizes the amount and location of the Company’s derivative instruments in the consolidated balance sheets (in thousands):

	Fair Value - Derivatives in Asset Position
Derivative	Balance Sheet Caption	December 31, 2023		December 31, 2022
Interest rate cap designated as cash flows hedge	Prepaid expenses and other current assets	$	9,746	$	10,926
Interest rate cap designated as cash flows hedge	Other noncurrent assets	10,183		17,342
Total derivative assets		$	19,929	$	28,268

Schedule of Pre-tax Income (Loss) Recognized in the Statements of Comprehensive Income (Loss)

The following table presents the pre-tax (loss) gain from derivative instruments recognized in other comprehensive (loss) income in the Company’s consolidated statements of comprehensive income (in thousands):

	Year Ended December 31,
Derivative	2023		2022		2021
Interest rate cap designated as cash flows hedge	$	(8,339)	$	28,869	$	(601)
Interest rate swap designated as cash flows hedge	—		—		11,172
Total	$	(8,339)	$	28,869	$	10,571

The following table presents the amount and location of pre-tax income (loss) recognized in the Company’s consolidated statement of comprehensive income related to the Company’s derivative instruments (in thousands):

		Year Ended December 31,
Derivative	Income Statement Caption	2023		2022		2021
Interest rate cap designated as cash flows hedge	Interest expense	$	10,974	$	1,090	$	(239)
Interest rate swap designated as cash flows hedge	Interest expense	—		—		(11,298)
Interest rate swap not designated as hedge	Interest expense	—		—		(2)
Total		$	10,974	$	1,090	$	(11,539)