Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Interest Rate Derivatives [Table Text Block]

The following is a summary of the derivative instruments we entered into for the periods presented (in thousands):

	As of March 31, 2013							March 31, 2013				December 31, 2012
Derivative	Notional		Receive	Pay or			Maturity
Agreement	Amount		Rate	Strike Rate			Date	Asset		Liability		Asset		Liability
Interest rate cap	$	100,000	1 Month LIBOR		2.50	%	January 2014	$	-	$	-	$	-	$	-
Interest rate cap		18,762	1 Month LIBOR		1.25	%	April 2013		-		-		-		-
Interest rate swap		18,762	1 Month LIBOR		1.39	%	April 2013		-		-		-		(73	)
								$	-	$	-	$	-	$	(73	)

Schedule Of Derivative Instrument Income(Loss)ReclassifiedFromAccumulated OtherComprehensiveIncome(Loss)ToIncome(Loss) [Table Text Block]

Amount of Income (Loss) Recognized on
	OCI Derivatives (Effective Portion)
Derivatives Designated as Cash Flow Hedges	Three Months Ended March 31, 2013		Three Months Ended March 31, 2012
Caps	$	-	$	(4	)
Swaps (receive float/pay fixed)		73		11
Total effect of derivative instruments on    other comprehensive income	$	73	$	7

The table below reflects the amount reclassified from accumulated other comprehensive income (loss) to income related to an interest rate swap for the periods presented (in thousands):

	Amount of Income (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss) to Income (Loss)
	Three Months Ended March 31, 2013			Three Months Ended March 31, 2012
Swap	$	(14	)	$	(14	)

Schedule Of Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net [Table Text Block]

The table below reflects the amount reclassified from accumulated other comprehensive income (loss) to income related to an interest rate swap for the periods presented (in thousands):

Interest rate swaps (receive float/pay fixed):	Location of Gain (Loss) Recognized on Statements of Operations	Three Months Ended March 31, 2013			Three Months Ended March 31, 2012
Monthly net settlements - cash settled	Change in fair value of interest rate derivatives	$	(54	)	$	(49	)
Mark to market adjustments - non cash	Change in fair value of interest rate derivatives		-			-
Total effect of derivative instruments on the condensed consolidated statements of operations		$	(54	)	$	(49	)

Schedule of Derivative Instruments [Table Text Block]

Interest rate caps and interest rate swaps measured at fair value for the periods presented are as follows (in thousands):

	Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)		Balance at end of Period
March 31, 2013
Other assets - Interest rate caps	$	-	$	-		$	-	$	-
Other liabilities - Interest rate swaps		-		-			-		-
December 31, 2012
Other assets - Interest rate caps		-		-			-		-
Other liabilities - Interest rate swaps		-		(73	)		-		(73	)