v3.25.2
Derivative Instruments (Tables)
 6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivative Instruments - Schedule of Derivative instruments (Assets/Liabilities) at fair value (Table)

Derivative Asset:
Effective Date Termination Date Notional Amount in thousands of EUROS Notional Amount in United States Dollars Fixed Rate the Company receives in EURO Fixed Rate the Company pays in United States Dollars   Fair Value June 30, 2025, in United States Dollars
26/07/2022 26/07/2029 100,000 101,800 4.40% 6.55% $ 14,846
21/10/2021 21/10/2025 120,000 139,716 2.65% 3.66%   2,040
21/10/2021 21/10/2025 30,000 34,929 2.65% 3.69%   380
        Total Fair Value $ 17,266
Derivative Instruments - Summary of Gain on Change in Fair Value of Derivatives - Derivative Designated as Accounting Hedge (Table)

 

– Derivative designated as accounting hedge
Amount of gain recognized in other comprehensive income

 

For the six-month periods ended June 30,

 Amount of gain recognized in other comprehensive income   2025   2024
Cross-currency swap agreement related to 2022 Bonds $ 12,293 $ (4,492)
Reclassification to other (expense) / income, net   (12,116)   4,671
Total gain recognized in accumulated other comprehensive income $ 177 $ 179
Derivative Instruments - Summary of Gain (Loss) on Change in Fair Value of Derivatives - Derivatives not Designated as Accounting Hedge (Table)

– Derivatives not designated as accounting hedges:
  For the six-month periods ended June 30,
 Amount of gain / (loss) recognized in other income, net 2025 2024
Change in fair value of derivatives related to 2021 Bonds $ 20,534 $ (5,043)
Realized interest expense of derivatives related to 2021 Bonds   (979)   (1,076)
Total gain / (loss) recognized in other income, net $ 19,555 $ (6,119)