Derivative Instrument and Hedging Activity (Tables)

6 Months Ended

Jun. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Activity in the Accumulated Derivative Instrument Gain

The following table sets forth the activity in the accumulated derivative instrument activity (in thousands):

	Six Months Ended June 30,
	2022		2021
Accumulated derivative instrument gain (loss), beginning of period	$	823	$	(1,774)
Net change associated with current period hedging transactions (1)	(823)		1,271
Accumulated derivative instrument gain (loss), end of period	$	—	$	(503)

(1) The accumulated derivative instrument activity as of the end the six month period ending June 30, 2022, includes the beginning balance of $823 thousand, a change in fair value of $3.1 million and a reversal due to termination of $3.9 million resulting in an ending balance of zero.