Quarterly report pursuant to Section 13 or 15(d)

Derivatives (Tables)

v3.22.2.2
Derivatives (Tables)
9 Months Ended
Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Terms of Derivative Financial Instrument

The following table summarizes the terms of the Company’s derivative financial instrument:

 

 

 

 

Notional Amount

 

 

 

 

 

Effective

 

Maturity

Product

 

September 30, 2022

 

 

December 31, 2021

 

 

Strike

 

 

Date

 

Date

Cap Agreement

 

$

7,500,000

 

 

$

7,500,000

 

 

 

3.75

%

 

12/20/2021

 

7/6/2024