v3.26.1
Derivatives and Hedging Activities (Tables)
 6 Months Ended
Jun. 30, 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 June 30, 2026 and December 31, 2025:
Derivative TypeNumber of InstrumentsEffective DateMaturity DateNotional ValueFair Value of Asset
June 30, 2026December 31, 2025
Term Loan Interest Rate Swap51/31/20251/31/2027$250,000 $916 $423 
Trust Preferred Securities Interest Rate Swap210/30/202410/30/202782,500 782 65 
$332,500 $1,698 $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 and six months ended June 30, 2026 and 2025:
Derivatives in Cash Flow
Amount of Gain (Loss) Recognized in OCI on Derivatives
June 30,
Amount of (Income) Loss
Reclassified from Accumulated OCI into Income(1)
June 30,
Hedging Relationships2026202520262025
Interest Rate Swaps$1,939 $(2,214)$(729)$(2,304)
The Company's share of non-consolidated entity's interest rate cap109 (43)28 26 
Total$2,048 $(2,257)$(701)$(2,278)
(1)    Amounts reclassified from accumulated other comprehensive income (loss) to interest expense within the unaudited Condensed Consolidated Statements of Operations.