XML 16 R5.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Statement of Comprehensive Income [Abstract]        
Net income/(loss) applicable to Piedmont $ (17,002) $ 3,331 $ (20,357) $ 71,261
Other comprehensive income:        
Effective portion of gain on derivative instruments that are designated and qualify as cash flow hedges (See Note 4) 1,248 2,662 4,270 7,507
Plus: Reclassification of net loss/(gain) included in net income (See Note 4) (989) 194 (2,309) 1,453
Other comprehensive income 259 2,856 1,961 8,960
Comprehensive income/(loss) applicable to Piedmont $ (16,743) $ 6,187 $ (18,396) $ 80,221