Quarterly report pursuant to Section 13 or 15(d)

Derivative Instruments (Tables)

v3.22.1
Derivative Instruments (Tables)
 3 Months Ended
Mar. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Interest Expense Reclassification
The Company reclassified interest expense related to hedges of these transactions into earnings as follows:
Three Months Ended
March 31,
2022 2021
(in thousands)
Reclassification of the effective portion of the gain on the Interest Rate Swap Agreements into interest expense
 $ 1,679  $ 4,811 
Reclassification of unrealized gains related to terminated Interest Rate Swap Agreements
 (2,181) — 
Total reclassification adjustments included in earnings $ (502) $ 4,811 
Summary of Derivative Liabilities at Fair Value
The fair value of the Interest Rate Swap Agreements was as follows:
December 31, 2021
Markets for Identical
Assets
(Level 1)		 Observable Inputs
(Level 2)		 Unobservable Inputs
(Level 3)		 Total
(in thousands)
Derivative instruments, current $ —  $ 16,662  $ —  $ 16,662 
Derivative instruments, long-term —  11,444  —  11,444 
Total liabilities measured at fair value $ —  $ 28,106  $ —  $ 28,106