12. Accumulated Other Comprehensive Income Following is a summary of the changes in the balances of accumulated other comprehensive income, which is presented net of tax: | | | | | | | | | | | Unrealized | | | | | | Gain (Loss) on | | | | | | | Cash Flow | | | | | | | Hedges | | Total | Accumulated other comprehensive income as of December 31, 2024 | | | $ | 1,419 | | $ | 1,419 | Other comprehensive loss before reclassifications | | | | (176) | | | (176) | Amounts reclassified from accumulated other comprehensive income | | | | (578) | | | (578) | Other comprehensive loss | | | | (754) | | | (754) | Less: Other comprehensive loss attributable to non-controlling interest | | | | 261 | | | 261 | Accumulated other comprehensive income as of June 30, 2025 | | | $ | 926 | | $ | 926 |
Following is a summary of the tax effects allocated to other comprehensive (loss) income: | | | | | | | | | | | | Three Months Ended June 30, 2025 | | | Before- | | Tax Benefit | | Net-of- | | | Tax Amount | | (Expense) | | Tax Amount | Interest rate swap | | $ | (5) | | $ | 1 | | $ | (4) | Interest rate swap - unconsolidated affiliate | | | 8 | | | (2) | | | 6 | Reclassification adjustment for net (gain) loss included in earnings | | | (355) | | | 65 | | | (290) | Net unrealized (loss) gain | | | (352) | | | 64 | | | (288) | Other comprehensive (loss) income | | $ | (352) | | $ | 64 | | $ | (288) |
| | | | | | | | | | | | Three Months Ended June 30, 2024 | | | Before- | | Tax (Expense) | | Net-of- | | | Tax Amount | | Benefit | | Tax Amount | Interest rate swap | | $ | 240 | | $ | (43) | | $ | 197 | Interest rate swap - unconsolidated affiliate | | | 27 | | | (7) | | | 20 | Reclassification adjustment for net (gain) loss included in earnings | | | (480) | | | 89 | | | (391) | Net unrealized (loss) gain | | | (213) | | | 39 | | | (174) | Other comprehensive (loss) income | | $ | (213) | | $ | 39 | | $ | (174) |
| | | | | | | | | | | | Six Months Ended June 30, 2025 | | | Before- | | Tax Benefit | | Net-of- | | | Tax Amount | | (Expense) | | Tax Amount | Interest rate swaps | | $ | (219) | | $ | 39 | | $ | (180) | Interest rate swap - unconsolidated joint venture | | | 6 | | | (2) | | | 4 | Reclassification adjustment for net (gain) loss included in earnings | | | (708) | | | 130 | | | (578) | Net unrealized (loss) gain | | | (921) | | | 167 | | | (754) | Other comprehensive (loss) income | | $ | (921) | | $ | 167 | | $ | (754) |
| | | | | | | | | | | | Six Months Ended June 30, 2024 | | | Before- | | Tax (Expense) | | Net-of- | | | Tax Amount | | Benefit | | Tax Amount | Interest rate swaps | | $ | 991 | | $ | (176) | | $ | 815 | Interest rate swap - unconsolidated joint venture | | | 120 | | | (31) | | | 89 | Reclassification adjustment for net (gain) loss included in earnings | | | (964) | | | 178 | | | (786) | Net unrealized gain (loss) | | | 147 | | | (29) | | | 118 | Other comprehensive income (loss) | | $ | 147 | | $ | (29) | | $ | 118 |
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