DEBT (Tables)

6 Months Ended

Jun. 30, 2017

Debt Disclosure [Abstract]

Schedule of outstanding indebtedness

Debt, net of debt issuance costs, is as follows (in thousands):

	June 30, 2017			December 31, 2016
Revolving debt	$	150,000		$	50,000
Term loans	290,000			290,000
Mortgage loans	299,374			317,550
	739,374			657,550
Unamortized debt issuance costs	(4,168		)	(5,136		)
Debt, net of debt issuance costs	$	735,206		$	652,414

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

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

	June 30, 2017		December 31, 2016
Fixed-rate debt	$	342,157	$	359,867
Variable-rate debt	397,217		297,683
	$	739,374	$	657,550

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):

	June 30, 2017				December 31, 2016
	Carrying Value		Fair Value		Carrying Value		Fair Value		Valuation Technique
Fixed-rate debt	$	267,157	$	270,344	$	284,867	$	283,416	Level 2 - Market approach