Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Outstanding Derivative Instruments

As of March 31, 2016 and December 31, 2015, we had the following outstanding interest rate derivatives that were designated as effective cash flow hedges of interest rate risk (in thousands):

Notional Amount										Fair Value at Significant Other Observable Inputs (Level 2)
As of March 31, 2016			As of December 31, 2015			Type of Derivative	Strike Rate	Effective Date	Expiration Date	As of March 31, 2016			As of December 31, 2015
Currently-paying contracts
$	206,000	(1)	$	206,000	(1)	Swap	0.932	Jun 18, 2012	Apr 18, 2017	$	(777	)	$	(416	)
54,905		(1)	54,905		(1)	Swap	0.670	Aug 6, 2012	Apr 6, 2017	(56		)	69
75,000		(1)	75,000		(1)	Swap	0.500	Aug 6, 2012	Apr 6, 2016	(1		)	(10		)
75,000		(1)	—			Swap	1.164	Jan 15, 2016	Jan 15, 2021	(515		)	—
300,000		(2)	—			Swap	1.435	Jan 15, 2016	Jan 15, 2023	(3,728		)	—
140,533		(3)	133,579		(3)	Swap	0.925	Jul 17, 2012	Apr 18, 2017	360			1,500
243,366		(4)	—			Swap	0.792	Jan 15, 2016	Jan 15, 2019	(1,182		)	—
75,747		(5)	—			Swap	0.779	Jan 15, 2016	Jan 15, 2021	390			—
$	1,170,551		$	469,484						$	(5,509	)	$	1,143

(1) Represents portions of the U.S. dollar tranche of the 5-Year Term Loan.

(2) Represents the U.S. dollar tranche of the 7-Year Term Loan.

(3) Represents a portion of the Singapore dollar tranche of the 5-Year Term Loan. Translation to U.S. dollars is based on exchange rate of $0.74 to 1.00 SGD as of March 31, 2016 and $0.70 to 1.00 SGD as of December 31, 2015.

(4) Represents the British pound sterling tranche of the 5-Year Term Loan. Translation to U.S. dollars is based on exchange rate of $1.44 to £1.00 as of March 31, 2016.

(5) Represents the Canadian dollar tranche of the 5-Year Term Loan. Translation to U.S. dollars is based on exchange rate of $0.77 to 1.00 CAD as of March 31, 2016.