XML 57 R42.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt - Summary (Details) - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2017
Sep. 30, 2017
Dec. 31, 2016
Jul. 28, 2017
Debt Instrument [Line Items]        
Principal outstanding $ 1,147,929 $ 1,147,929 $ 1,036,139  
Unused borrowing capacity $ 349,100 $ 349,100    
Weighted average interest rate 3.44% 3.44%    
Interest Rate Swaps        
Debt Instrument [Line Items]        
Notional amount $ 450,000 $ 450,000    
One Month LIBOR        
Debt Instrument [Line Items]        
Variable rate basis reference rate (as a percent) 1.23222% 1.23222%    
Secured Debt        
Debt Instrument [Line Items]        
Principal outstanding $ 58,695 $ 58,695 163,565  
Long-term debt, gross 59,299 59,299 164,326  
Unamortized debt issuance costs (667) (667) (873)  
Unamortized fair market value premium 63 63 112  
Line of Credit | Unsecured Debt        
Debt Instrument [Line Items]        
Principal outstanding 245,000 245,000 28,000  
Line of Credit | $450 Million Wells Fargo Unsecured Credit Facility | Unsecured Debt        
Debt Instrument [Line Items]        
Principal outstanding 245,000 245,000 $ 28,000  
Maximum borrowing capacity 450,000 $ 450,000    
Line of Credit | $450 Million Wells Fargo Unsecured Credit Facility | Unsecured Debt | LIBOR        
Debt Instrument [Line Items]        
Interest rate margin (as a percent)   1.15% 1.15%  
Term Loan | Unsecured Debt        
Debt Instrument [Line Items]        
Principal outstanding 446,066 $ 446,066 $ 446,608  
Long-term debt, gross 450,000 450,000 450,000  
Unamortized debt issuance costs (3,934) (3,934) (3,392)  
$150 Million Wells Fargo Unsecured Term Loan C | Unsecured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross 150,000 $ 150,000 $ 150,000  
$150 Million Wells Fargo Unsecured Term Loan C | Unsecured Debt | LIBOR        
Debt Instrument [Line Items]        
Interest rate margin (as a percent)   1.30% 1.30%  
$150 Million Wells Fargo Unsecured Term Loan B | Unsecured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross 150,000 $ 150,000 $ 150,000  
$150 Million Wells Fargo Unsecured Term Loan B | Unsecured Debt | LIBOR        
Debt Instrument [Line Items]        
Interest rate margin (as a percent)   1.30% 1.30%  
$150 Million Wells Fargo Unsecured Term Loan A | Unsecured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross 150,000 $ 150,000 $ 150,000  
$150 Million Wells Fargo Unsecured Term Loan A | Unsecured Debt | LIBOR        
Debt Instrument [Line Items]        
Interest rate margin (as a percent)   1.30% 1.30%  
$150 Million Unsecured Term Loan D [Member] | Unsecured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross $ 0 $ 0 $ 0  
Unused borrowing capacity       $ 150,000
$150 Million Unsecured Term Loan D [Member] | Unsecured Debt | LIBOR        
Debt Instrument [Line Items]        
Interest rate margin (as a percent) 1.30%   0.00%  
Unsecured Notes | Unsecured Debt        
Debt Instrument [Line Items]        
Principal outstanding $ 398,168 398,168 $ 397,966  
Long-term debt, gross 400,000 400,000 400,000  
Unamortized debt issuance costs (1,832) (1,832) (2,034)  
$100 Million Series F Unsecured Notes | Unsecured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross $ 100,000 $ 100,000 100,000  
Stated interest rate 3.98% 3.98%    
$50 Million Series A Unsecured Notes | Unsecured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross $ 50,000 $ 50,000 50,000  
Stated interest rate 4.98% 4.98%    
$100 Million Series D Unsecured Notes | Unsecured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross $ 100,000 $ 100,000 100,000  
Stated interest rate 4.32% 4.32%    
$50 Million Series B Unsecured Notes | Unsecured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross $ 50,000 $ 50,000 50,000  
Stated interest rate 4.98% 4.98%    
$80 Million Series C Unsecured Notes | Unsecured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross $ 80,000 $ 80,000 80,000  
Stated interest rate 4.42% 4.42%    
$20 Million Series E Unsecured Notes | Unsecured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross $ 20,000 $ 20,000 20,000  
Stated interest rate 4.42% 4.42%    
Union Fidelity Life Insurance Co Due April 30, 2017 | Secured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross $ 0 $ 0 5,384  
Stated interest rate 5.81% 5.81%    
Penalty free prepayment period   2 months    
Webster Bank, National Association due May 31, 2017 [Member] | Secured Debt        
Debt Instrument [Line Items]        
Penalty free prepayment period   3 months    
Webster Bank, National Association due May 29, 2017 | Secured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross $ 0 $ 0 2,853  
Stated interest rate 3.66% 3.66%    
Webster Bank, National Association due May 31, 2017 | Secured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross $ 0 $ 0 3,073  
Stated interest rate 3.64% 3.64%    
Wells Fargo, National Association Due August 1, 2017 | Secured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross $ 0 $ 0 4,043  
Stated interest rate 5.90% 5.90%    
Penalty free prepayment period   3 months    
Connecticut General Life Insurance Company - Facility 1 | Secured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross $ 0 $ 0 35,320  
Stated interest rate 6.50% 6.50%    
Connecticut General Life Insurance Company - Facility 2 | Secured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross $ 0 $ 0 36,892  
Stated interest rate 5.75% 5.75%    
Connecticut General Life Insurance Company - Facility 3 | Secured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross $ 0 $ 0 16,141  
Stated interest rate 5.88% 5.88%    
Wells Fargo Bank, National Association CMBS Loan | Secured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross $ 55,366 $ 55,366 56,608  
Stated interest rate 4.31% 4.31%    
Penalty free prepayment period   3 months    
Thrivent Financial for Lutherans Due December 15, 2023 [Member] | Secured Debt        
Debt Instrument [Line Items]        
Long-term debt, gross $ 3,933 $ 3,933 4,012  
Stated interest rate 4.78% 4.78%    
Connecticut General Life Insurance Company Facilities | Secured Debt        
Debt Instrument [Line Items]        
Penalty free prepayment period   6 months    
Prepaid Expenses and Other Assets        
Debt Instrument [Line Items]        
Unamortized debt issuance costs $ (1,700) $ (1,700) $ (2,300)