Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Interest Rate Derivatives

As of December 31, 2016 and December 31, 2015, 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 December 31, 2016			As of December 31, 2015			Type of Derivative	Strike Rate	Effective Date	Expiration Date	As of December 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	$	(90	)	(6)	$	(416	)
54,905		(1)	54,905		(1)	Swap	0.670	Aug 6, 2012	Apr 6, 2017	16			(6)	69
—			75,000		(1)	Swap	0.500	Aug 6, 2012	Apr 6, 2016	—				(10		)
75,000		(1)	—			Swap	1.016	Apr 6, 2016	Jan 6, 2021	1,911			(6)	—
75,000		(1)	—			Swap	1.164	Jan 15, 2016	Jan 15, 2021	1,487			(6)	—
300,000		(2)	—			Swap	1.435	Jan 15, 2016	Jan 15, 2023	8,128			(6)	—
130,850		(3)	133,579		(3)	Swap	0.925	Jul 17, 2012	Apr 18, 2017	18			(6)	1,500
209,132		(4)	—			Swap	0.792	Jan 15, 2016	Jan 15, 2019	(1,818		)	(6)	—
73,294		(5)	—			Swap	0.779	Jan 15, 2016	Jan 15, 2021	1,556			(6)	—
$	1,124,181		$	469,484						$	11,208			$	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 rates of $0.69 to 1.00 SGD as of December 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 $1.23 to £1.00 as of December 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 $0.74 to 1.00 CAD as of December 31, 2016.

(6) Balance recorded in other assets in the consolidated balance sheets if positive and recorded in accounts payable and other accrued liabilities in the consolidated balance sheets if negative.

As of December 31, 2016, the Company had the following outstanding derivatives that were designated as hedges under qualifying hedging relationships, which is recorded in other assets in the consolidated balance sheets (notional and fair value amounts in thousands):

Foreign Currency Derivative	Number of Instruments	Notional Amount Sold	Notional Amount Purchased	Maturity Date	Fair Value
Currency forward contracts	4	GBP 357,299	USD 518,469	12/15/2017	$	73,498