Quarterly report pursuant to Section 13 or 15(d)

Derivative Instruments (Tables)

v3.21.2
Derivative Instruments (Tables)
 9 Months Ended
Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Interest Expense Reclassification
During the three and nine months ended September 30, 2021 and 2020, the Company reclassified interest expense related to hedges of these transactions into earnings in the following amounts:
Three Months Ended September 30, Nine Months Ended
September 30,
2021 2020 2021 2020
(in thousands)
Interest expense reclassified into earnings $ 5,018  $ 4,854  $ 14,733  $ 11,136 
Summary of Derivative Liabilities at Fair Value
The fair value of the Interest Rate Swap Agreements was as follows:
September 30, 2021
Markets for Identical
Assets
(Level 1)		 Observable Inputs
(Level 2)		 Unobservable Inputs
(Level 3)		 Total
(in thousands)
Derivative instruments, current $ —  $ 18,772  $ —  $ 18,772 
Derivative instruments, long-term —  19,097  —  19,097 
Total liabilities measured at fair value $ —  $ 37,869  $ —  $ 37,869 

December 31, 2020
Markets for Identical
Assets
(Level 1)		 Observable Inputs
(Level 2)		 Unobservable Inputs
(Level 3)		 Total
(in thousands)
Derivative instruments, current $ —  $ 18,258  $ —  $ 18,258 
Derivative instruments, long-term —  35,317  —  35,317 
Total liabilities measured at fair value $ —  $ 53,575  $ —  $ 53,575