Quarterly report pursuant to Section 13 or 15(d)

Derivative Instruments (Tables)

v3.22.2
Derivative Instruments (Tables)
 6 Months Ended
Jun. 30, 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
June 30,		 Six Months Ended
June 30,
2022 2021 2022 2021
(in thousands)
Reclassification of the effective portion of the gain on the Interest Rate Swap Agreements into interest expense
 $ —  $ 4,904  $ 1,679  $ 9,715 
Reclassification of unrealized gains related to terminated Interest Rate Swap Agreements into interest expense
 (4,082) —  (6,263) — 
Total reclassification adjustments included in earnings $ (4,082) $ 4,904  $ (4,584) $ 9,715 
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