DEBT (Tables)

6 Months Ended

Jun. 30, 2018

Debt Disclosure [Abstract]

Schedule of outstanding indebtedness

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

	June 30, 2018			December 31, 2017
Revolving debt	$	45,000		$	15,000
Term loans	600,000			515,000
Mortgage loans	310,813			343,109
	955,813			873,109
Unamortized debt issuance costs	(5,316		)	(4,873		)
Debt, net of debt issuance costs	$	950,497		$	868,236

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

Our total fixed-rate and variable-rate debt, after considering our interest rate derivative agreements that are currently effective, is as follows (in thousands):

	June 30, 2018		Percentage	December 31, 2017		Percentage
Fixed-rate debt	$	554,461	58%	$	386,313	44%
Variable-rate debt	401,352		42%	486,796		56%
	$	955,813		$	873,109

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, 2018				December 31, 2017
	Carrying Value		Fair Value		Carrying Value		Fair Value		Valuation Technique
Fixed-rate debt	$	279,461	$	276,635	$	311,313	$	310,535	Level 2 - Market approach