Financial Instruments: Derivatives and Hedging (Tables)

3 Months Ended

Mar. 31, 2024

Financial Instruments: Derivatives and Hedging

Schedule of notional and fair value of derivative financial instruments

	Notional		Strike		Effective	Expiration	Fair Value (1) at
(in thousands)	Value		Rate		Date	Date	March 31, 2024		December 31, 2023
2019 BMO Interest Rate Swap	$	165,000	2.39	%	Aug-20	Jan-24	$	—	$	—
(1) Classified within Level 2 of the fair value hierarchy.

Summary of Interest Rate Swaps that was recorded in OCI

(in thousands)	Three Months Ended March 31,
Interest Rate Swaps in Cash Flow Hedging Relationships:	2024		2023
Amounts of gain recognized in OCI	$	—	$	177
Amounts of previously recorded gain (loss) reclassified from OCI into Interest Expense	$	355	$	991
Total amount of Interest Expense presented in the consolidated statements of operations	$	6,846	$	5,806