Fair Value Disclosures (Tables)

9 Months Ended

Sep. 30, 2017

Fair Value Disclosures [Abstract]

Assets Measured At Fair Value On A Recurring Basis

The table below presents the Company’s financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2017 and December 31, 2016 aggregated by the level in the fair value hierarchy within which those measurements are classified and by derivative type.

Assets and Liabilities Measured at Fair Value on a Recurring Basis at September 30, 2017 and December 31, 2016 (Dollars in thousands)
Description	Quoted Prices in Active Markets for Identical Assets (Level I)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)		Assets (Liabilities) Balance at end of period
September 30, 2017
Cross-Currency Swaps*	$	—	$	1,372		$	—	$	1,372
Currency Forward Agreements*	$	—	$	21,650		$	—	$	21,650
Interest Rate Swap Agreements*	$	—	$	83		$	—	$	83
December 31, 2016:
Cross-Currency Swaps*	$	—	$	4,158		$	—	$	4,158
Currency Forward Agreements*	$	—	$	31,782		$	—	$	31,782
Interest Rate Swap Agreements**	$	—	$	(2,482	)	$	—	$	(2,482	)

*Included in "Other assets" in the accompanying consolidated balance sheets.

**Included in "Accounts payable and accrued liabilities" in the accompanying consolidated balance sheets.

Assets And Liabilities Measured At Fair Value On A Non-Recurring Basis

Non-recurring fair value measurements

The table below presents the Company's assets measured at fair value on a non-recurring basis during the nine months ended September 30, 2017 aggregated by the level in the fair value hierarchy within which those measurements fall.

Assets Measured at Fair Value on a Non-Recurring Basis During the Nine Months Ended September 30, 2017

(Dollars in thousands)

Description	Quoted Prices in Active Markets for Identical Assets (Level I)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance at end of period
Investment in a direct financing lease, net	$	—	$	—	$	35,807	$	35,807

As discussed further in Note 6, during the nine months ended September 30, 2017, the Company recorded impairment charges totaling $10.2 million related to its investment in a direct financing lease, net. Management estimated the fair values of this investment taking into account various factors including independent appraisals, input from an outside broker and current market conditions. The Company determined, based on the inputs, that its valuation of the investment was classified within Level 3 of the fair value hierarchy as many of the assumptions are not observable. During the three months ended September 30, 2017, the Company entered into revised lease terms on these properties and as a result, these properties were classified as operating leases and moved to rental properties, net during the three months ended September 30, 2017.