Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule Of Outstanding Derivative Instruments

As of March 31, 2015 and December 31, 2014, we had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk (in thousands):

Notional Amount										Fair Value at Significant Other Observable Inputs (Level 2)
As of March 31, 2015			As of December 31, 2014			Type of Derivative	Strike Rate	Effective Date	Expiration Date	As of March 31, 2015			As of December 31, 2014
Currently-paying contracts
$	410,905	(1)	$	410,905	(1)	Swap	0.717	Various	Various	$	(1,145	)	$	(241	)
138,070		(2)	142,965		(2)	Swap	0.925	July 17, 2012	April 18, 2017	1,547			669
548,975			553,870							402			428
Forward-starting contracts
—		(3)	150,000			Forward-starting Swap	2.091	July 15, 2014	July 15, 2019	—			(2,837		)
Total
$	548,975		$	703,870						$	402		$	(2,409	)

(1) Represents the U.S. dollar tranche of the unsecured term loan.

(2) Represents a portion of the Singapore dollar tranche of the unsecured term loan. Translation to U.S. dollars is based on exchange rate of $0.73 to 1.00 SGD as of March 31, 2015 and $0.75 to 1.00 SGD as of December 31, 2014.

(3)