Quarterly report pursuant to Section 13 or 15(d)

Derivatives and Hedging Activities (Tables)

v3.24.3
Derivatives and Hedging Activities (Tables)
 9 Months Ended
Sep. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments
The table below presents the fair value of the Company’s derivative financial instruments designated as cash flow hedges as well as their classification in the Company’s consolidated balance sheets as of the periods indicated below (in thousands):
Derivatives Designated as Hedging Instruments Balance Sheet Location September 30, 2024 December 31, 2023
Interest rate collars Other liabilities, net $ (102) $ (264)
Schedule of Derivative Offsetting Assets
The table below details a gross presentation, the effects of offsetting and a net presentation of the Company’s derivatives as of the periods indicated below (in thousands). The net amounts of derivative assets or liabilities can be reconciled to the tabular disclosure of fair value.
Offsetting of Derivative Assets and Liabilities
Gross Amounts of Recognized Assets Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Consolidated Balance Sheets Net Amounts of Assets Presented in the Consolidated Balance Sheets Net Amounts of Liabilities Presented in the Consolidated Balance Sheets Financial Instruments Cash Collateral Received Net Amount
September 30, 2024 $ —  $ (102) $ —  $ —  $ (102) $ —  $ —  $ (102)
December 31, 2023 $ —  $ (264) $ —  $ —  $ (264) $ —  $ —  $ (264)
Schedule of Derivative Offsetting Liabilities
The table below details a gross presentation, the effects of offsetting and a net presentation of the Company’s derivatives as of the periods indicated below (in thousands). The net amounts of derivative assets or liabilities can be reconciled to the tabular disclosure of fair value.
Offsetting of Derivative Assets and Liabilities
Gross Amounts of Recognized Assets Gross Amounts of Recognized Liabilities Gross Amounts Offset in the Consolidated Balance Sheets Net Amounts of Assets Presented in the Consolidated Balance Sheets Net Amounts of Liabilities Presented in the Consolidated Balance Sheets Financial Instruments Cash Collateral Received Net Amount
September 30, 2024 $ —  $ (102) $ —  $ —  $ (102) $ —  $ —  $ (102)
December 31, 2023 $ —  $ (264) $ —  $ —  $ (264) $ —  $ —  $ (264)