Quarterly report [Sections 13 or 15(d)]

Derivative Instruments and Hedging Activities (Tables)

v3.25.1
Derivative Instruments and Hedging Activities (Tables)
3 Months Ended
Mar. 31, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments derivative instruments designated as cash flow hedges as of March 31, 2025 were as follows (in thousands):
Notional Amount Paid Fixed Rate Receive Variable Rate Settlement and Termination
Interest rate swaps $150,000 2.8% 1-month term SOFR Monthly through October 31, 2027
Interest rate swaps
$100,000 4.5% 1-month term SOFR
Monthly through July 31, 2026