Derivative Instruments and Hedging Activity (Tables)

3 Months Ended

Mar. 31, 2023

Derivative Instruments and Hedging Activity

Schedule of cash flow hedges included in accumulated other comprehensive income (loss)

The table below presents the effect of the Company’s derivative financial instruments in the Condensed Consolidated Statements of Operations and Comprehensive Income for the three months ended March 31, 2023 and 2022 (presented in thousands).

	Amount of Income/(Loss)				Location of Accumulated OCI	Amount Reclassified from
	Recognized in				Reclassified from Accumulated	Accumulated OCI as a
	OCI on Derivative				OCI into Income	(Reduction)/Increase in Interest Expense
Three Months Ended March 31,	2023		2022			2023		2022
Interest rate swaps	$	—	$	20,581	Interest expense	$	(629)	$	82