Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of the Notional Amount and Fair Value of Derivative Instruments

The following table summarizes the notional amount and fair value of the Company’s derivative instruments (amounts in thousands):

Derivatives Designated as Hedging Instruments	Balance Sheet Location	Effective Dates	Maturity Dates	March 31, 2017							December 31, 2016
				Outstanding Notional Amount		Fair Value of					Outstanding Notional Amount		Fair Value of
						Asset		(Liability)					Asset		(Liability)
Interest rate swaps	Other assets, net/Accounts payable and other liabilities	10/12/2012 to 05/03/2016	10/11/2017 to 08/21/2020	$	538,643	$	3,900	$	(574	)	$	540,425	$	3,070	$	(1,247	)

Schedule of Income or Loss Recognized on Derivative Instruments

The table below summarizes the amount of income and loss recognized on interest rate derivatives designated as cash flow hedges for the three months ended March 31, 2017 and 2016 (amounts in thousands):

Derivatives in Cash Flow Hedging Relationships	Amount of Income (Loss) Recognized in OCI on Derivatives (Effective Portion)			Location Of Loss Reclassified From Accumulated Other Comprehensive Income to Net Income (Effective Portion)	Amount of Loss Reclassified From Accumulated Other Comprehensive Income to Net Income (Effective Portion and Accelerated Amounts)
Three Months Ended March 31, 2017
Interest rate swaps	$	834		Interest Expense, Net	$	(669	)
Total	$	834			$	(669	)
Three Months Ended March 31, 2016
Interest rate swaps	$	(5,640	)	Interest Expense, Net	$	(1,777	)
Total	$	(5,640	)		$	(1,777	)

Schedule of Offsetting of Derivative Assets

The following table presents the effect on the Company’s financial position had the Company made the election to offset its derivative positions as of March 31, 2017 and December 31, 2016 (amounts in thousands):

Offsetting of Derivative Assets
							Gross Amounts Not Offset in the Balance Sheet
	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Balance Sheet		Net Amounts of Assets Presented in the Balance Sheet		Financial Instruments Collateral			Cash Collateral		Net Amount
March 31, 2017	$	3,900	$	—	$	3,900	$	(29	)	$	—	$	3,871
December 31, 2016	$	3,070	$	—	$	3,070	$	(10	)	$	—	$	3,060

Schedule of Offsetting of Derivative Liabilities

Offsetting of Derivative Liabilities
							Gross Amounts Not Offset in the Balance Sheet
	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Balance Sheet		Net Amounts of Liabilities Presented in the Balance Sheet		Financial Instruments Collateral			Cash Collateral		Net Amount
March 31, 2017	$	574	$	—	$	574	$	(29	)	$	—	$	545
December 31, 2016	$	1,247	$	—	$	1,247	$	(10	)	$	—	$	1,237