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Debt and Financing Arrangements (Tables)
6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Summary of Unsecured Credit Facility
The combined effective interest rates under the 2018 and 2022 credit facilities, including the impact of interest rate swaps associated with those credit facilities, for the six months ended June 30, 2023 and 2022 were as follows:
Six Months Ended
June 30,
20232022
Weighted average rates4.94%1.93%
Range of effective rates
1.93% - 8.00%
1.08% - 3.67%
Summary of Recognized Interest Expense Interest expense, including amortization of deferred financing costs, commitment fees, line of credit fees, and other applicable bank charges, for the three and six months ended June 30, 2023 and 2022 was as follows (in thousands):
Three Months Ended June 30,
20232022
Credit facilities$5,498 $1,644 
Other line of credit— 
Other36 — 
Total$5,534 $1,645 
Six Months Ended June 30,
20232022
Credit facilities$9,138 $2,903 
Other line of credit— 
Other37 — 
Total$9,175 $2,904