Fair Value - Consolidated Derivative Positions (Details) $ in Thousands |
Jun. 30, 2025
USD ($)
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Interest Rate Swap | Cash Flow Hedging | |
Derivative instruments and Hedging Activities | |
Notional balance | $ 450,000 |
Weighted average capped/swapped interest rate | 3.60% |
Non-designated Hedges | Interest Rate Caps | |
Derivative instruments and Hedging Activities | |
Notional balance | $ 391,846 |
Weighted average interest rate | 3.50% |
Weighted average capped/swapped interest rate | 6.70% |
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- Definition Reflects the calculation as of the balance sheet date of the average interest rate weighted by interest rate caps and interest rate swaps at that time. No definition available.
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- Definition Average cap rate on a group of interest rate derivatives, such as interest rate caps or collars. If market rates exceed the cap rate, a payment or receipt is triggered on the contract. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Nominal or face amount used to calculate payment on derivative. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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