v3.26.1
Derivative Instruments (Tables)
6 Months Ended
Jun. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Contracts
The table below provides additional information regarding the Company's derivative instruments as well as their location and fair value on our condensed consolidated balance sheets (in thousands, except number of contracts):

Fair Value
Derivative Instruments
TypeNumber of ContractsNotional AmountAssetsLiabilities
As of June 30, 2026
Interest rate contracts24$1,575,625 $27,071 $— 
Total derivative instruments24$1,575,625 $27,071 $— 
As of December 31, 2025
Interest rate contracts24$1,536,123 $28,773 $— 
Total derivative instruments24$1,536,123 $28,773 $— 
Schedule of Gain (Loss) on Derivative Instruments
The table below presents the effects of the changes in fair value of the Company’s derivative instruments in the Company’s condensed consolidated statements of operations and comprehensive income (loss) for the three and six months ended June 30, 2026 and 2025 (in thousands):
Gain (Loss) on Derivative Instruments
Three months ended June 30,Six months ended June 30,
2026202520262025
Derivatives not designated as hedging instruments:
Interest rate contracts$(1,535)$(929)$6,776 $(1,807)
Total gain (loss) on derivatives$(1,535)$(929)$6,776 $(1,807)