v3.26.1
Derivatives and Hedging Activities (Tables)
 3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Assets at Fair Value
The following table summarizes the terms of our outstanding derivative financial instruments on the Company's balance sheets as of March 31, 2026 and December 31, 2025:
Derivative TypeNumber of InstrumentsEffective DateMaturity DateNotional ValueFair Value of Asset
March 31, 2026December 31, 2025
Term Loan Interest Rate Swap51/31/20251/31/2027250,000 907 423 
Trust Preferred Securities Interest Rate Swap210/30/202410/30/202782,500 464 65 
$332,500 $1,371 $488 
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
The table below presents the effect of the Company's derivative financial instruments on the unaudited Condensed Consolidated Statements of Operations for the three months ended March 31, 2026 and 2025:
Derivatives in Cash Flow
Amount of Gain (Loss) Recognized in OCI on Derivatives
March 31,
Amount of (Income) Loss
Reclassified from Accumulated OCI into Income(1)
March 31,
Hedging Relationships2026202520262025
Interest Rate Swaps$1,266 $(1,804)$(383)$(1,385)
The Company's share of non-consolidated entity's interest rate cap79 (37)14 16 
Total$1,345 $(1,841)$(369)$(1,369)
(1)    Amounts reclassified from accumulated other comprehensive income (loss) to interest expense within the unaudited Condensed Consolidated Statements of Operations.