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Debt and Financing Arrangements (Tables)
9 Months Ended
Sep. 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 nine months ended September 30, 2023 and 2022 were as follows:
Nine Months Ended
September 30,
20232022
Weighted average rates5.16%2.29%
Range of effective rates
1.93% - 8.00%
1.08% - 4.18%
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 nine months ended September 30, 2023 and 2022 was as follows (in thousands):
Three Months Ended September 30,
20232022
Credit facilities$5,848 $2,301 
Other line of credit— 
Total$5,848 $2,305 
Nine Months Ended September 30,
20232022
Credit facilities$14,986 $5,204 
Other line of credit— 
Other37 — 
Total$15,023 $5,209