Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2023

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
(in thousands)						Assets (Liabilities) (1)
Effective Date	Maturity Date	Notional Amount		Bank Pays Variable Rate of	Regency Pays Fixed Rate of	June 30, 2023			December 31, 2022
12/1/16	11/1/23		30,806	SOFR	1.490%		407			883
9/17/19	3/17/25		24,000	SOFR	1.443%		1,357			1,443
12/20/19	12/19/26		24,365	SOFR	1.684%		1,938			1,939
2/24/23	12/31/26		15,435	SOFR	4.229%		(25	)		152
6/2/17	6/2/27		35,160	SOFR	2.261%		2,213			2,158
						$	5,890			6,575

(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.

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
	Three months ended June 30,					Three months ended June 30,						Three months ended June 30,
(in thousands)	2023		2022			2023			2022			2023		2022
Interest rate swaps	$	5,457		4,436	Interest expense	$	(1,649	)		481	Interest expense, net	$	36,956		36,699
	Six months ended June 30,					Six months ended June 30,						Six months ended June 30,
(in thousands)	2023		2022			2023			2022			2023		2022
Interest rate swaps	$	2,721		13,404	Interest expense	$	(3,141	)		1,491	Interest expense, net	$	73,349		73,437