DEBT (Tables)

9 Months Ended

Sep. 30, 2015

DEBT

Schedule of total fixed-rate and variable-rate debt, after giving effect to interest rate derivatives

Our total fixed-rate and variable-rate debt, after giving effect to our interest rate derivatives, is as follows (in thousands):

	September 30, 2015		December 31, 2014
Fixed-rate debt	$	484,463	$	465,220
Variable-rate debt	285,577		161,313
	$	770,040	$	626,533

Schedule of the fair value of fixed-rate that is debt not recorded at fair value

Information about the fair value of our fixed-rate debt that is not recorded at fair value is as follows (in thousands):

	September 30, 2015				December 31, 2014
	Carrying Value		Fair Value		Carrying Value		Fair Value		Valuation Technique
Fixed-rate debt	$	382,929	$	379,926	$	362,602	$	349,517	Level 2 - Market approach