v3.25.4
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
12 Months Ended
Dec. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Derivatives [Table Text Block]
As of December 31, 2025 and 2024, the Company had the following outstanding interest rate derivatives that are designated as cash flow hedges of interest rate risk:
NOTIONAL VALUE OF INTEREST RATE DERIVATIVESDecember 31,
2025
December 31,
2024
(In thousands)
Interest Rate Swap$100,000 100,000 
Interest Rate Swap100,000 100,000 
Interest Rate Swap 50,000 
Interest Rate Swap100,000 100,000 
Interest Rate Swap75,000 75,000 
Interest Rate Swap100,000 100,000 
Interest Rate Swap50,000 — 
Interest Rate Swap50,000 — 
Interest Rate Swap100,000 — 
Interest Rate Swap50,000 — 
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Consolidated Balance Sheets as of December 31, 2025 and 2024. See Note 16 for additional information on the fair value of the Company’s interest rate swaps.
FAIR VALUE OF DERIVATIVES DESIGNATED AS CASH FLOW HEDGESDecember 31,
2025
December 31,
2024
(In thousands)
Interest rate swap assets (1)
$10,500 21,953 
Interest rate swap liabilities (2)
2,143 — 
(1)Included in Other assets, net on the Consolidated Balance Sheets.
(2)Included in Other liabilities on the Consolidated Balance Sheets.
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
The table below presents the effect of the Company’s derivative financial instruments (interest rate swaps) on the Consolidated Statements of Income and Comprehensive Income for the years ended December 31, 2025, 2024 and 2023:
Years Ended December 31,
EFFECT OF CASH FLOW HEDGES ON OTHER COMPREHENSIVE LOSS202520242023
 (In thousands)
Amount of income (loss) recognized in Other comprehensive loss on
    derivatives                                                                                            
$(2,675)14,869 6,319 
Amount of (income) reclassified from Accumulated other comprehensive
    income into Interest expense
(10,921)(17,804)(17,802)