v3.26.1
DERIVATIVES AND HEDGING ACTIVITIES (Tables)
 3 Months Ended
Mar. 31, 2026
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Interest Rate Derivatives
The following is a summary of our interest rate swaps that were designated as cash flow hedges of interest rate risk as of March 31, 2026 and December 31, 2025 (dollars in thousands):
March 31, 2026December 31, 2025
Count1 1 
Notional amount$200,000 $200,000 
Fixed SOFR
3.4%
3.4%
Maturity date
2026
2026
Weighted-average term (in years)0.40.7
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The table below details the nature of the gain and loss recognized on interest rate derivatives designated as cash flow hedges in the consolidated statements of operations (in thousands):
Three Months Ended March 31,
  20262025
Amount of gain (loss) recognized in Other Comprehensive Income$222 $(473)
Amount of gain reclassified from AOCI into Interest Expense, Net(158)(1,294)