v3.26.1
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Cap Derivatives
The following table summarizes the terms of the Company’s interest rate cap agreements as of June 30, 2026 (dollar amounts in thousands):
Outstanding NotionalFair Value of Assets
Balance SheetAmount as ofStrikeEffectiveMaturityas of
LocationJune 30, 2026
Rates (1)
DatesDatesJune 30, 2026
Interest Rate Caps
Other assets$172,531 
4.5% to 5.75%
12/6/2024 - 8/4/2025
1/1/2027 - 1/31/2027
$16 
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(1)The index used for the Company’s interest rate cap agreements is 1-Month Term SOFR.