v3.26.1
DERIVATIVES AND HEDGING INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The table below presents information about our interest rate swaps, designated as cash flow hedges, included in our consolidated balance sheets:
Fair Values
Derivative Financial InstrumentsBalance Sheet LocationWeighted-Average Fixed Rate of Interest at June 30, 2026Range of Maturity Dates at June 30, 2026June 30,
2026		December 31, 2025
(in thousands)
Interest rate swaps (Notional of $1.25 billion at June 30, 2026 and December 31, 2025)
Accounts payable and accrued liabilities4.27%April 17, 2027$3,813 $— 
Interest rate swaps (Notional of $250 million at June 30, 2026 and December 31, 2025)
Other noncurrent liabilities4.20%August 17, 2027$720 $18,872 
Schedule of Derivative Instrument Effect on Other Comprehensive Income (Loss)
The table below presents the effects of our interest rate swaps in our consolidated statements of income and statements of comprehensive income for the three and six months ended June 30, 2026 and 2025:
Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
(in thousands)
Net unrealized gains (losses) recognized in other comprehensive income (loss)$3,316 $(3,204)$9,246 $(12,575)
Net unrealized losses reclassified out of other comprehensive income (loss) to interest expense(3,393)(841)$(7,289)$(1,693)
The table below presents the effects of our treasury locks on our consolidated statements of comprehensive income:

Three Months EndedSix Months Ended
June 30, 2026June 30, 2025June 30, 2026June 30, 2025
(in thousands)
Net unrealized losses recognized in other comprehensive income (loss)$(594)$(34,344)$(1,181)$(34,344)
Net unrealized losses reclassified out of other comprehensive income (loss) to interest expense(1,236)— (2,471)—