v3.22.2.2
DERIVATIVE INSTRUMENTS (Tables)
 9 Months Ended
Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Fair Value of Derivative Instruments The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the Condensed Consolidated Balance Sheets as of September 30, 2022 and December 31, 2021.
(in thousands)
September 30, 2022December 31, 2021
Balance Sheet LocationFair ValueFair Value
Total derivative instruments designated as hedging instruments - interest rate swapsAccounts Payable and Accrued Expenses$— $4,610 
Total derivative instruments not designated as hedging instruments - interest rate swapsAccounts Payable and Accrued Expenses$— $1,097 
Schedule of Derivative Instruments
The table below presents the effect of the Company’s derivative financial instruments on the Condensed Consolidated Statements of Operations as of September 30, 2022 and 2021.
(in thousands)
Gain (Loss) Recognized in OCI Location of Gain (Loss) Reclassified from Accumulated OCI into IncomeGain (Loss) Reclassified from Accumulated OCI into Income
Three months ended September 30,2022202120222021
Total derivatives in cash flow hedging relationships - Interest rate contracts$— $(70)Interest expense$(204)$(940)
Nine months ended September 30,
Total derivatives in cash flow hedging relationships - Interest rate contracts$1,581 $1,555 Interest expense$(696)$(3,156)