Annual report pursuant to Section 13 and 15(d)

Derivative Instruments (Tables)

v3.22.4
Derivative Instruments (Tables)
 12 Months Ended
Dec. 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:

Year Ended December 31,
2022 2021 2020
(in thousands)
Reclassification of the effective portion of the gain on the Interest Rate Swap Agreements into interest expense $ 1,679  $ 19,723  $ 16,017 
Reclassification of unrealized gains related to terminated Interest Rate Swap Agreements into interest expense (12,634) —  — 
Total reclassification adjustments included in earnings $ (10,955) $ 19,723  $ 16,017 
Summary of Derivative Liabilities at Fair Value
The fair value of the Interest Rate Swap Agreements was as follows:
December 31, 2021
(in thousands)
Markets for Identical Assets
(Level 1)		 Observable Inputs
(Level 2)		 Unobservable Inputs
(Level 3)		 Total
Derivative instruments, short-term $ —  $ 16,662  $ —  $ 16,662 
Derivative instruments, long-term —  11,444  —  11,444 
Total liabilities measured at fair value $ —  $ 28,106  $ —  $ 28,106