Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income (Loss)

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Accumulated Other Comprehensive Income (Loss)
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss) Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive income (loss) consists primarily of unrealized gains related to the terminated Interest Rate Swap Agreements and cumulative foreign currency translation adjustments.
The components of accumulated other comprehensive income (loss) as of March 31, 2023 and December 31, 2022 were as follows:
Derivative
Instruments
Currency
Translation
Adjustment
Total
(in thousands)
Balance at December 31, 2022 $ 8,849  $ (13,793) $ (4,944)
Other comprehensive income (loss) (2,527) 2,777  250 
Balance at March 31, 2023 $ 6,322  $ (11,016) $ (4,694)

The accumulated net loss in foreign currency translation adjustment primarily reflects the strengthening of the U.S. dollar against the British pound and the Japanese yen.
As of March 31, 2023, the remaining $6.3 million of the accumulated other comprehensive income related to terminated Interest Rate Swap Agreements is expected to be reclassified into earnings as a reduction to interest expense through December 31, 2023.