Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2021

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of derivative instruments

The following table summarizes the terms and fair values of the Company's derivative financial instruments, as well as their classification on the Consolidated Balance Sheets:

								Fair Value at December 31,
(in thousands)								Assets (Liabilities) (1)
Effective Date	Maturity Date	Notional Amount		Bank Pays Variable Rate of	Regency Pays Fixed Rate of			2021			2020
8/1/16	1/5/22 (2)	$	265,000	1 Month LIBOR with Floor		1.053	%	$	—			(2,472	)
4/7/16	4/1/23		19,029	1 Month LIBOR		1.303	%		(175	)		(494	)
12/1/16	11/1/23		31,763	1 Month LIBOR		1.490	%		(412	)		(1,181	)
9/17/19	3/17/25		24,000	1 Month LIBOR		1.542	%		(364	)		(1,288	)
6/2/17	6/2/27		36,019	1 Month LIBOR with Floor		2.366	%		(1,907	)		(3,856	)
Total derivative financial instruments								$	(2,858	)		(9,291	)

(1)Derivatives in an asset position are included within Other assets in the accompanying Consolidated Balance Sheets, while those in a liability position are included within Accounts payable and other liabilities.

(2)In January 2021, the Company cash settled before maturity $265 million of notional interest rate swaps in connection with its repayment of the Term Loan.

Derivative Instruments, Gain (Loss)

The following table represents the effect of the derivative financial instruments on the accompanying consolidated financial statements:

Location and Amount of Gain (Loss) Recognized in OCI on Derivative									Location and Amount of Gain (Loss) Reclassified from AOCI into Income							Total amounts presented in the Consolidated Statements of Operations in which the effects of cash flow hedges are recorded
	Year ended December 31,									Year ended December 31,							Year ended December 31,
(in thousands)	2021		2020			2019				2021		2020		2019			2021		2020		2019
Interest rate swaps	$	5,391		(19,187	)		(15,585	)	Interest expense, net	$	4,141		8,790		3,269	Interest expense, net	$	145,170		156,678		151,264
									Early extinguishment of debt (1)	$	—		2,472		—	Early extinguishment of debt	$	—		21,837		11,982

(1)At December 31, 2020, based on intent to repay the Term Loan in January 2021, the Company recognized the Accumulated other comprehensive loss for the Term Loan swap in earnings within Early extinguishment of debt.