The following table summarizes the changes in accumulated other comprehensive income (loss) by component for the Company and the Operating Partnership for the three months ended March 31, 2026:


	Derivative Instruments		Accumulated Other Comprehensive Income of the Operating Partnership		Comprehensive (Loss) Income Attributable to Noncontrolling Interest of the Company		Accumulated Other Comprehensive Income of the Company
Balance as of December 31, 2025	$	3,256	$	3,256	$	(97)	$	3,159
Other Comprehensive Income (Loss) Before Reclassifications	5,780		5,780		(141)		5,639
Amounts Reclassified from Accumulated Other Comprehensive Income	(1,748)		(1,748)		—		(1,748)
Net Current Period Other Comprehensive Income	4,032		4,032		(141)		3,891
Balance as of March 31, 2026	$	7,288	$	7,288	$	(238)	$	7,050

The following table summarizes the reclassifications out of accumulated other comprehensive income for both the Company and the Operating Partnership for the three months ended March 31, 2026 and 2025:


	Amounts Reclassified from Accumulated Other Comprehensive (Income) Loss
Details about Accumulated Other Comprehensive (Income) Loss Components	Three Months Ended March 31, 2026		Three Months Ended March 31, 2025		Affected Line Items in the Consolidated Statements of Operations
Derivative Instruments:
Amortization of Previously Settled Derivative Instruments	$	115	$	102	Interest Expense
Net Settlement Receipts from our Counterparties	(1,863)		(3,780)		Interest Expense

Total	$	(1,748)	$	(3,678)

The change in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in other comprehensive income and is subsequently reclassified to earnings through interest expense over the life of the derivative or over the life of the debt. In the next 12 months, we estimate that approximately $5,012 will be reclassified to net income as a decrease to interest expense.