v3.26.3
Derivatives and Hedging Activities (Tables)
9 Months Ended
Sep. 30, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Swap Derivatives
The following table summarizes the terms of our former interest rate cap agreements as of September 30, 2026 and December 31, 2025:
Balance
SheetUnderlyingMaturityStrikeNotionalFair Value at
Line Item InstrumentDateRateAmountSeptember 30, 2026December 31, 2025
Other assets, net
Mountain Floating Rate Loan
03/15/20263.10%$1,400,000 $— $1,629 
Schedule of Effects on Consolidated Statements of Income and Comprehensive Income (Loss)
The following table summarizes the activity related to our cash flow hedges within cumulative other comprehensive loss for the periods shown:
Three Months Ended September 30,
Nine Months Ended September 30,
2026202520262025
Amount of (loss) gain recognized on derivatives in other comprehensive income (loss)$— $(44)$2,123 $870 
Amount of gain reclassified from cumulative other comprehensive loss into interest expense$— $582 $753 $1,240 
Total amount of interest expense presented in the condensed consolidated statements of comprehensive income$(61,175)$(63,470)$(183,989)$(201,197)