Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments [Table Text Block]

The following table summarizes the notional values of our derivative financial instruments (in thousands) as of March 31, 2015. The notional values provide an indication of the extent of our involvement in these instruments at March 31, 2015, but do not represent exposure to credit, interest rate, or market risks.

Type/Description	Notional Value		Index	Strike Rate		Effective Date	Maturity Date
Interest rate swap - cash flow hedge	$	125,000	one-month LIBOR	1.6775	%	12/31/14	10/31/19
Interest rate swap - cash flow hedge	$	125,000	one-month LIBOR	1.6935	%	04/30/15	10/31/19
Interest rate swap - cash flow hedge	$	125,000	one-month LIBOR	1.7615	%	06/30/15	05/31/22
Interest rate swap - cash flow hedge	$	150,000	one-month LIBOR	1.7695	%	06/30/15	05/31/22

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The table below presents the fair value of our derivative financial instruments, included in “other liabilities” on our consolidated balance sheets, as of March 31, 2015, and December 31, 2014 (in thousands):

Derivatives designated as hedging instruments:	March 31, 2015			December 31, 2014
Interest rate swaps	$	(5,345	)	$	(789	)

Derivative Instruments, Gain (Loss) [Table Text Block]

The tables below present the effect of the change in fair value of derivative financial instruments in our consolidated statements of operations and comprehensive loss for the three months ended March 31, 2015 and 2014 (in thousands):

Derivatives in Cash Flow Hedging Relationship

	Gain (loss) recognized in OCI on derivative (effective portion)
	For the Three Months Ended
	March 31, 2015			March 31, 2014
Interest rate swap	$	(4,556	)	$	—

	Amount reclassified from OCI into income (effective portion)
	For the Three Months Ended
Location	March 31, 2015		March 31, 2014
Interest expense (1)	$	471	$	—

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(1) Increases in fair value as a result of accrued interest associated with our swap transactions are recorded in accumulated OCI and subsequently reclassified into income. Such amounts are shown net in the statements of changes in equity and offset dollar for dollar.