Derivative Instruments and Hedging Activities Schedule of Interest Rate Swaptions (Details) - Variable Income Interest Rate [Member] - Less Than Six Months Remaining Maturity [Member] |
12 Months Ended |
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Dec. 31, 2023
USD ($)
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Interest Rate Swaption [Member] | Long [Member] | |
Derivative [Line Items] | |
Cost Basis | $ 480,000 |
Fair Value | $ 22,000 |
Weighted Average Remaining Maturity | 2 months 12 days |
Interest Rate Swaption [Member] | Short [Member] | |
Derivative [Line Items] | |
Cost Basis | $ 332,000 |
Fair Value | $ 3,000 |
Weighted Average Remaining Maturity | 2 months 12 days |
Underlying Swap [Member] | Long [Member] | |
Derivative [Line Items] | |
Weighted Average Remaining Maturity | 1 year |
Derivative, Notional Amount | $ 200,000,000 |
Weighted Average Fixed Interest Rate | 5.13% |
Underlying Swap [Member] | Short [Member] | |
Derivative [Line Items] | |
Weighted Average Remaining Maturity | 1 year |
Derivative, Notional Amount | $ 400,000,000 |
Weighted Average Fixed Interest Rate | 5.61% |
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- Definition Cost (or upfront payable/receivable) as of the balance sheet date of the derivative or group of derivatives. No definition available.
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- Definition Average fixed interest rate related to the group of interest rate derivatives. No definition available.
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- Definition Average remaining period until maturity of the derivative contract, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition Fair value of the assets less the liabilities of a derivative or group of derivatives. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Nominal or face amount used to calculate payment on derivative. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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