Exchangeable Senior Notes (Tables)

12 Months Ended

Dec. 31, 2016

Text Block [Abstract]

Summary of Financial Information Relating to Exchangeable Notes

Following is financial information relating to the Exchangeable Notes:

		Year ended December 31,
		2016		2015		2014
	(in thousands)
Weighted-average UPB		$	250,000	$	250,000	$	250,000
Interest expense (1)		$	14,473	$	14,413	$	14,358

(1) Total interest expense includes amortization of debt issuance costs of $1.0 million, $975,000, and $920,000 for the years ended December 31, 2016, 2015 and 2014, respectively.

	December 31,
	2016			2015
	(in thousands)
Carrying value:
UPB	$	250,000		$	250,000
Unamortized debt issuance costs		(3,911	)		(4,946	)
	$	246,089		$	245,054