v3.26.1
Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Instruments on Balance Sheet
The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Condensed Consolidated Balance Sheets as of June 30, 2026 and December 31, 2025.
Asset Derivatives Fair Value atLiability Derivatives Fair Value at
(Dollars in thousands)June 30, 2026December 31, 2025Balance Sheet ClassificationJune 30, 2026December 31, 2025Balance Sheet Classification
Interest rate swaps$9,047 $6,691 Other assets, net$— $— Other liabilities, net
Offsetting of Derivative Assets (as of June 30, 2026)
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheets
(In thousands)Gross Amounts of Recognized AssetsGross Amounts Offset in the Condensed Consolidated Balance SheetNet Amounts of Assets in the Condensed Consolidated Balance SheetsFinancial InstrumentsCash Collateral ReceivedNet Amount
Derivatives$9,047 $— $9,047 $— $— $9,047 

Offsetting of Derivative Assets (as of December 31, 2025)
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheets
(In thousands)Gross Amounts of Recognized AssetsGross Amounts Offset in the Condensed Consolidated Balance SheetNet Amounts of Assets in the Condensed Consolidated Balance SheetsFinancial InstrumentsCash Collateral ReceivedNet Amount
Derivatives$6,691 $— $6,691 $— $— $6,691 
Schedule of Cash Flow Hedging
The table below details the location in the financial statements of the gain or loss recognized on interest rate derivatives designated as cash flow hedges for the three and six months ended June 30, 2026 and 2025.
Three Months Ended
June 30,		Six Months Ended
June 30,
(Dollars in thousands)2026202520262025
Amount of unrealized gain (loss) recognized in OCI on derivative$2,571 $(1,463)$4,494 $(4,876)
Amount of gain reclassified from AOCI into interest expense$(919)$(1,818)$(2,138)$(3,634)
Total interest expense presented in the Condensed Consolidated Statements of Operations in which the effects of the cash flow hedges are recorded
$7,428 $6,592 $14,227 $12,944