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Financing Arrangements (Tables)
6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Schedule of financing arrangements
The Company presents deferred financing costs associated with its senior unsecured notes as a direct deduction from the carrying amount of the liability (refer to Note 2 for further information). Senior unsecured notes, net of deferred financing costs, as presented on the Company's consolidated balance sheets consist of the following (in thousands):
 
June 30,
 
December 31,
 
2016
 
2015
Senior unsecured notes, principal balance
$
300,000

 
$
300,000

Less: unamortized deferred financing costs
(4,335
)
 
(4,866
)
Senior unsecured notes, net of deferred financing costs
$
295,665

 
$
295,134