Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Outstanding Interest Rate Swap Agreements

The following table is a summary of the Company’s outstanding interest rate swap agreements ($ in thousands):


										December 31, 2025								December 31, 2024
Counterparty		Maturity Date		Fixed Rate				Variable Rate Index		Notional Amount				Fair Value				Notional Amount				Fair Value
Goldman Sachs Bank USA		10/21/2026			3.70	%		One-month SOFR		$	250,000			$	(473	)		$	—			$	—
Goldman Sachs Bank USA		10/21/2027			3.38	%		One-month SOFR			150,000				(243	)			—				—
Bank of America, National Association		8/13/2027			3.35	%		Daily simple SOFR			60,000				(84	)			60,000				948
Total Swaps										$	460,000			$	(800	)		$	60,000			$	948

Schedule of Effect of Derivative Financial Instruments on the Condensed Consolidated Statements of Operations

The following table details the effect of the Company’s derivative financial instruments on the Consolidated Statements of Operations during the year ended December 31, 2025 ($ in thousands):


		Amount of Unrealized Gain (Loss) Recognized in OCI				Location of Gain (Loss) Recognized in Income on Derivatives		Amount of Gain (Loss) Reclassified from Accumulated OCI into Income
		December 31, 2025						December 31, 2025
Interest rate swaps		$	(1,748	)		Interest Expense		$	1,704
Total		$	(1,748	)				$	1,704

The following table details the effect of the Company’s derivative financial instruments on the Consolidated Statements of Operations during the year ended December 31, 2024 ($ in thousands):


		Amount of Unrealized Gain Recognized in OCI				Location of Gain Recognized in Income on Derivatives		Amount of Gain Reclassified from Accumulated OCI into Income
		December 31, 2024						December 31, 2024
Interest rate swaps		$	948			Interest Expense		$	215
Total		$	948					$	215