Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Sep. 30, 2023

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Loss

13. Accumulated Other Comprehensive Income

Following is a summary of the changes in the balances of accumulated other comprehensive (loss) income, which is presented net of tax:

	Unrealized (Loss) Gain		Unrealized
	on Available-for-		Gain (Loss)
	Sale Securities		Cash Flow Hedges		Total
Accumulated other comprehensive (loss) income as of December 31, 2022	$	(182)	$	2,612	$	2,430
Other comprehensive income before reclassifications		184		959		1,143
Amounts reclassified from accumulated other comprehensive income		—		(1,045)		(1,045)
Other comprehensive income (loss)		184		(86)		98
Less: Other comprehensive loss attributable to non-controlling interest		—		47		47
Accumulated other comprehensive income as of September 30, 2023	$	2	$	2,573	$	2,575

Following is a summary of the tax effects allocated to other comprehensive income:

	Three Months Ended September 30, 2023
	Before-		Tax Benefit		Net-of-
	Tax Amount		(Expense)		Tax Amount
Unrealized loss on available-for-sale investments	$	(6)	$	2	$	(4)
Interest rate swap		606		(108)		498
Interest rate swap - unconsolidated affiliate		58		(15)		43
Reclassification adjustment for net gain included in earnings		(473)		88		(385)
Net unrealized gain		185		(33)		152
Other comprehensive income	$	185	$	(33)	$	152

	Three Months Ended September 30, 2022
	Before-		Tax Benefit		Net-of-
	Tax Amount		(Expense)		Tax Amount
Unrealized loss on available-for-sale investments	$	(31)	$	8	$	(23)
Interest rate swap		1,427		(253)		1,174
Interest rate swap - unconsolidated affiliate		307		(78)		229
Reclassification adjustment for net loss included in earnings		15		(4)		11
Net unrealized gain		1,718		(327)		1,391
Other comprehensive income	$	1,718	$	(327)	$	1,391

	Nine Months Ended September 30, 2023
	Before-		Tax (Expense)		Net-of-
	Tax Amount		Benefit		Tax Amount
Unrealized gain on available-for-sale investments	$	247	$	(63)	$	184
Interest rate swaps		1,010		(179)		831
Interest rate swap - unconsolidated joint venture		172		(44)		128
Reclassification adjustment for net gain included in earnings		(1,281)		236		(1,045)
Net unrealized gain		148		(50)		98
Other comprehensive income	$	148	$	(50)	$	98

	Nine Months Ended September 30, 2022
	Before-		Tax Benefit		Net-of-
	Tax Amount		(Expense)		Tax Amount
Unrealized loss on available-for-sale investments	$	(686)	$	174	$	(512)
Interest rate swaps		4,540		(808)		3,732
Interest rate swap - unconsolidated joint venture		615		(156)		459
Reclassification adjustment for net loss included in earnings		150		(38)		112
Net unrealized gain		4,619		(828)		3,791
Other comprehensive income	$	4,619	$	(828)	$	3,791