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Accumulated Other Comprehensive Income
 6 Months Ended
Jun. 30, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income Accumulated Other Comprehensive Income
The following table summarizes the changes in accumulated other comprehensive income by component for the Company and the Operating Partnership for the six months ended June 30, 2024:
Derivative InstrumentsAccumulated Other Comprehensive Income of the Operating PartnershipComprehensive (Loss) Income Attributable to Noncontrolling Interest of the CompanyAccumulated Other Comprehensive Income of the Company
Balance as of December 31, 2023
$22,842 $22,842 $(570)$22,272 
Other Comprehensive Income Before Reclassifications21,765 21,765 (304)21,461 
Amounts Reclassified from Accumulated Other Comprehensive Income(12,080)(12,080)— (12,080)
Net Current Period Other Comprehensive Income9,685 9,685 (304)9,381 
Balance as of June 30, 2024
$32,527 $32,527 $(874)$31,653 
The following table summarizes the reclassifications out of accumulated other comprehensive income for both the Company and the Operating Partnership for the three and six months ended June 30, 2024 and 2023:
Amounts Reclassified from Accumulated
Other Comprehensive Income
Details about Accumulated
Other Comprehensive Income Components		Three Months Ended June 30, 2024Three Months Ended June 30, 2023Six Months Ended June 30, 2024Six Months Ended June 30, 2023Affected Line Items in the Consolidated Statements of Operations
Derivative Instruments:
Amortization of Previously Settled Derivative Instruments
$103 $103 $205 $205 Interest Expense
Net Settlement Receipts from our Counterparties(6,136)(5,272)(12,285)(9,373)Interest Expense
Total$(6,033)$(5,169)$(12,080)$(9,168)
The change in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in other comprehensive income and is subsequently reclassified to earnings through interest expense over the life of the derivative or over the life of the debt. In the next 12 months, we expect to amortize approximately $410 into net income by increasing interest expense for derivative instruments we settled in previous periods. Additionally, recurring settlement amounts on the 2021 Swaps, the 2022 Swaps and the 2022 II Swaps (all defined in Note 10) will also be reclassified to net income.