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Subsequent Events
3 Months Ended
Mar. 31, 2015
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events

On April 13, 2015, the Company entered into a second unsecured term loan facility. The second unsecured term loan facility has a $100.0 million capacity and matures in April 2022. On April 13, 2015, the Company borrowed $100.0 million under the new facility. This term loan bears interest at a variable LIBOR plus 1.70% to 2.55% , depending on the Company's leverage ratio. The Company entered into interest rate swaps to effectively fix the LIBOR rate for the entire duration of the term loan resulting in a weighted average interest rate of 3.46%.