Quarterly report pursuant to Section 13 or 15(d)

Interest Rate Derivatives (Details)

v3.21.2
Interest Rate Derivatives (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Effect of interest rate derivatives on consolidated statements of operations and comprehensive income          
Amount of (Loss) Income Recognized in AOCL on Derivatives $ (118) $ 1,428 $ 426 $ (39,592)  
Amount of Loss Reclassified from AOCL into Interest Expense on Statement of Operations (1,226) (1,342) (3,604) (2,408)  
Loss on interest rate derivatives 0 (53,196) 0 (53,196)  
Interest rate swaps | Reclassification out of Accumulated Other Comprehensive Income | Accumulated Gain (Loss), Cash Flow Hedge, Including Noncontrolling Interest          
Effect of interest rate derivatives on consolidated statements of operations and comprehensive income          
Loss on interest rate derivatives 0 (51,865) 0 (51,865)  
Interest rate swaps | Interest Expense          
Effect of interest rate derivatives on consolidated statements of operations and comprehensive income          
Amount of Loss Reclassified from AOCL into Interest Expense on Statement of Operations (1,226) (1,342) (3,604) (2,408)  
Interest rate swaps | Prepaid expenses and other assets, net          
Fair value of interest rate derivatives and balance sheet classification          
Interest rate swaps designated as cash flow hedges 70   70   $ 0
Interest rate swaps | Interest rate derivatives (liabilities)          
Fair value of interest rate derivatives and balance sheet classification          
Interest rate swaps designated as cash flow hedges (5,562)   (5,562)   (9,522)
Undesignated Swaps          
Effect of interest rate derivatives on consolidated statements of operations and comprehensive income          
Loss on interest rate derivatives 0 $ (1,265) 0 $ (1,265)  
Designated          
Fair values of interest rate swap derivatives          
Fair value of interest rate swaps (5,492)   (5,492)   (9,522)
Designated | Interest rate swaps          
Effect of interest rate derivatives on consolidated statements of operations and comprehensive income          
Approximate amount to be reclassified from AOCL to interest expense over the next 12 months 4,800   4,800    
Fair value of derivative liability 5,600   5,600    
Settlement amount of derivative obligation at termination value 6,000   6,000    
Designated | Interest rate swap, effective September 1, 2016, swap one          
Fair values of interest rate swap derivatives          
Notional Amount $ 100,000   $ 100,000    
Fixed Rate 1.901%   1.901%    
Fair value of interest rate swaps $ (2,065)   $ (2,065)   (3,394)
Designated | Interest rate swap, effective September 1, 2016, swap two          
Fair values of interest rate swap derivatives          
Notional Amount $ 100,000   $ 100,000    
Fixed Rate 1.905%   1.905%    
Fair value of interest rate swaps $ (2,070)   $ (2,070)   (3,401)
Designated | Interest rate swap, effective September 1, 2016, swap three          
Fair values of interest rate swap derivatives          
Notional Amount $ 50,000   $ 50,000    
Fixed Rate 1.908%   1.908%    
Fair value of interest rate swaps $ (1,036)   $ (1,036)   (1,704)
Designated | Interest rate swap, effective August 1, 2019          
Fair values of interest rate swap derivatives          
Notional Amount $ 11,180   $ 11,180    
Fixed Rate 1.678%   1.678%    
Fair value of interest rate swaps $ (391)   $ (391)   (733)
Notional amount of interest rate derivatives after scheduled amortization 10,000   10,000    
Designated | Interest rate swap, effective April 1, 2020, swap two          
Fair values of interest rate swap derivatives          
Notional Amount $ 23,000   $ 23,000    
Fixed Rate 0.573%   0.573%    
Fair value of interest rate swaps $ 70   $ 70   $ (290)
Notional amount of interest rate derivatives after scheduled amortization $ 22,100   $ 22,100