Annual report pursuant to Section 13 and 15(d)

Derivatives (Tables)

v3.25.0.1
Derivatives (Tables)
12 Months Ended
Dec. 31, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Location And Gains (Losses) On Derivatives In The Consolidated Statements of Income The location and gains (losses) on derivatives are reported on the Consolidated Statements of Income as follows:
Year Ended December 31,
Income Statement Caption
2024
2023
2022
Change in the fair value of the Deal-
Contingent Forward
General and administrative
$(4,532)
$(852)
$
Total impact of derivatives not designated as hedging instruments
$(4,532)
$(852)
$
Interest rate cap premium amortization
Interest expense, net
$(6,955)
$(6,955)
$(4,636)
Amounts reclassified out of other
comprehensive income related to the
interest rate cap
Interest expense, net
24,723
22,900
2,174
Total impact of derivatives designated as hedging instruments
$17,768
$15,945
$(2,462)
Schedule of location and fair value of Derivatives in the Consolidated Balance Sheets The location and fair value of derivatives are reported on the Consolidated Balance sheets as follows:
As of December 31,
Balance Sheet Caption
2024
2023
Derivatives not designated as hedging instruments
Deal-Contingent Forward
Accounts payable and
accrued liabilities
$
$852
Derivatives designated as hedging instruments
Interest rate cap
Other current assets
$13,936
$
Interest rate cap
Other non-current assets
$
$29,667