Derivative Financial Instruments

9 Months Ended

Sep. 30, 2026

Derivative Instruments and Hedging Activities Disclosure [Abstract]

8. DERIVATIVE FINANCIAL INSTRUMENTS

The Company had no outstanding derivative financial instruments as of September 30, 2026, and December 31, 2025.

As the Company's outstanding derivative financial instruments expired in March 2025, there was no effect on the consolidated statements of operations for the three and nine months ended September 30, 2026, or three months ended September 30, 2025, respectively. The table below presents the effect of the Company's derivative financial instruments on the consolidated statements of operations for the nine months ended September 30, 2025 ($ in thousands):


Cash Flow Hedges:	Nine Months Ended September 30, 2025
Amount of income recognized in accumulated other comprehensive income on interest rate derivatives	$	11
Amount of loss reclassified from accumulated other comprehensive income into income as an increase of interest expense		94
Total amount of interest expense presented in the consolidated statements of operations		116,785