| Accumulated Other Comprehensive Income/(Loss) ("AOCI") |
18. Accumulated Other Comprehensive Income/(Loss) (“AOCI”) The following tables present the change in the components of AOCI for the three and nine months ended September 30, 2026 and 2025 (in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, 2026 |
|
|
Nine Months Ended September 30, 2026 |
|
|
|
Cash Flow Hedges for
Interest Payments |
|
|
Cash Flow Hedges for Interest Payments of Unconsolidated Investees |
|
|
Total |
|
|
Cash Flow Hedges for
Interest Payments |
|
|
Cash Flow Hedges for Interest Payments of Unconsolidated Investees |
|
|
Total |
|
Balance at beginning of period |
|
$ |
3,136 |
|
|
$ |
1,654 |
|
|
$ |
4,790 |
|
|
$ |
(8,570 |
) |
|
$ |
(222 |
) |
|
$ |
(8,792 |
) |
Other comprehensive income before
reclassifications |
|
|
9,615 |
|
|
|
812 |
|
|
|
10,427 |
|
|
|
21,035 |
|
|
|
3,154 |
|
|
|
24,189 |
|
Amounts reclassified from AOCI |
|
|
115 |
|
|
|
(304 |
) |
|
|
(189 |
) |
|
|
401 |
|
|
|
(770 |
) |
|
|
(369 |
) |
Net current-period other
comprehensive income |
|
|
9,730 |
|
|
|
508 |
|
|
|
10,238 |
|
|
|
21,436 |
|
|
|
2,384 |
|
|
|
23,820 |
|
Balance at end of period |
|
$ |
12,866 |
|
|
$ |
2,162 |
|
|
$ |
15,028 |
|
|
$ |
12,866 |
|
|
$ |
2,162 |
|
|
$ |
15,028 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three Months Ended September 30, 2025 |
|
|
Nine Months Ended September 30, 2025 |
|
|
|
Cash Flow Hedges for
Interest Payments |
|
|
Cash Flow Hedges for
Interest Payments of
Unconsolidated Investees |
|
|
Total |
|
|
Cash Flow Hedges for
Interest Payments |
|
|
Cash Flow Hedges for
Interest Payments of
Unconsolidated Investees |
|
|
Total |
|
Balance at beginning of period |
|
$ |
(8,470 |
) |
|
$ |
680 |
|
|
$ |
(7,790 |
) |
|
$ |
7,239 |
|
|
$ |
3,799 |
|
|
$ |
11,038 |
|
Other comprehensive income/(loss)
before reclassifications |
|
|
762 |
|
|
|
254 |
|
|
|
1,016 |
|
|
|
(12,373 |
) |
|
|
(2,026 |
) |
|
|
(14,399 |
) |
Amounts reclassified from AOCI |
|
|
(1,302 |
) |
|
|
(768 |
) |
|
|
(2,070 |
) |
|
|
(3,876 |
) |
|
|
(1,607 |
) |
|
|
(5,483 |
) |
Net current-period other
comprehensive loss |
|
|
(540 |
) |
|
|
(514 |
) |
|
|
(1,054 |
) |
|
|
(16,249 |
) |
|
|
(3,633 |
) |
|
|
(19,882 |
) |
Balance at end of period |
|
$ |
(9,010 |
) |
|
$ |
166 |
|
|
$ |
(8,844 |
) |
|
$ |
(9,010 |
) |
|
$ |
166 |
|
|
$ |
(8,844 |
) |
On the Company’s Condensed Consolidated Statements of Income, unrealized gains and losses reclassified from AOCI related to (i) cash flow hedges for interest payments are included in Interest expense and (ii) cash flow hedges for interest payments of unconsolidated investees are included in Equity in income of joint ventures, net.
|