v3.25.2
Derivative Instrument (Tables)
6 Months Ended
Jun. 30, 2025
Summary of Derivative Instruments [Abstract]  
Summary of Derivative Instruments The table below provides additional information regarding the Company's derivative instrument as of June 30, 2025.
Type of DerivativeNotional AmountStrikeEffective DateMaturity Date
Fair Value(1)
Interest Rate Cap$124,700 2.25 %July 9, 2024July 9, 2025$214 
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(1)    Included in Other assets in the Company's consolidated balance sheets.
Summary of Fair Value of the Company Derivative Financial Instrument
The following table details the change in fair value of the Company's derivative financial instrument:
Type of DerivativeRealized/Unrealized Gain (Loss)Location of Gain (Loss) Recognized in Net IncomeThree Months Ended June 30,Six Months Ended June 30,
2025202420252024
Interest Rate CapUnrealized LossOther income (loss)$(631)$(964)$(1,213)$(1,748)