DEBT (Tables)

3 Months Ended

Mar. 31, 2016

Debt Disclosure [Abstract]

Schedule of outstanding indebtedness

	March 31, 2016			December 31, 2015
Revolving debt	$	55,000		$	95,000
Term loans	290,000			215,000
Mortgage loans	359,061			367,096
	704,061			677,096
Unamortized debt issuance costs	(6,763		)	(5,560		)
Debt, net of debt issuance costs	$	697,298		$	671,536

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

	March 31, 2016			December 31, 2015
Revolving debt	$	55,000		$	95,000
Term loans	290,000			215,000
Mortgage loans	359,061			367,096
	704,061			677,096
Unamortized debt issuance costs	(6,763		)	(5,560		)
Debt, net of debt issuance costs	$	697,298		$	671,536

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

	March 31, 2016		December 31, 2015
Fixed-rate debt	$	400,711	$	402,673
Variable-rate debt	303,350		274,423
	$	704,061	$	677,096

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):

	March 31, 2016				December 31, 2015
	Carrying Value		Fair Value		Carrying Value		Fair Value		Valuation Technique
Fixed-rate debt	$	325,711	$	319,913	$	327,673	$	321,841	Level 2 - Market approach