DEBT (Tables)

9 Months Ended

Sep. 30, 2017

Debt Disclosure [Abstract]

Schedule of outstanding indebtedness

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

	September 30, 2017			December 31, 2016
Revolving debt	$	40,000		$	50,000
Term loans	415,000			290,000
Mortgage loans	322,464			317,550
	777,464			657,550
Unamortized debt issuance costs	(5,189		)	(5,136		)
Debt, net of debt issuance costs	$	772,275		$	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):

	September 30, 2017		December 31, 2016
Fixed-rate debt	$	365,446	$	359,867
Variable-rate debt	412,018		297,683
	$	777,464	$	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):

	September 30, 2017				December 31, 2016
	Carrying Value		Fair Value		Carrying Value		Fair Value		Valuation Technique
Fixed-rate debt	$	290,446	$	293,207	$	284,867	$	283,416	Level 2 - Market approach