Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]

The following table sets forth our financial liabilities measured at fair value on a recurring basis, which equals book value, by level within the fair value hierarchy as of March 31, 2015, and December 31, 2014 (in thousands).

				Basis of Fair Value Measurements
				Quoted Prices In Active Markets for Identical Items (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
	Total Fair Value
Description
March 31, 2015
Liabilities:
Derivative financial instruments	$	(5,345	)	$	—	$	(5,345	)	$	—
December 31, 2014
Liabilities:
Derivative financial instruments	$	(789	)	$	—	$	(789	)	$	—

Fair Value Measurements, Nonrecurring

The following table summarizes those assets which were measured at fair value and impaired during 2015 and 2014 (in thousands):

			Basis of Fair Value Measurements
Description	Fair Value of Assets at Impairment		Quoted Prices In Active Markets for Identical Items (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Losses
for the three months ended March 31, 2015
Real estate	$	11,489	$	—	$	11,489	$	—	$	(132	)
for the year ended December 31, 2014
Real estate (1)	$	11,489	$	—	$	11,489	$	—	$	(4,940	)
Real estate held for sale (2)	$	42,000	$	—	$	—	$	42,000	$	(8,225	)

Schedule of carrying amounts and related estimated fair value of notes payable

Carrying amounts and the related estimated fair value of our notes payable as of March 31, 2015, and December 31, 2014, are as follows (in thousands):

	March 31, 2015				December 31, 2014
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Notes payable	$	1,124,475	$	1,147,309	$	1,194,085	$	1,216,991
Notes payable associated with real estate held for sale	$	96,824	$	95,175	$	97,257	$	95,011