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Derivatives and Hedging (Tables)
12 Months Ended
Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of interest rate swaps and caps
he Company's interest rate swaps consisted of the following (in thousands): 
 
 
 
 
 
 
Notional value at
 
Fair value at
Hedge type
 
Interest rate
 
Maturity
 
December 31, 2017
 
December 31, 2016
 
December 31, 2017
 
December 31, 2016
Swap-cash flow
 
1.12%
 
November 2017
 
$

 
$
275,000

 
$

 
$
(558
)
Swap-cash flow
 
1.56%
 
March 2018
 
175,000

 
175,000

 
(38
)
 
(1,251
)
Swap-cash flow
 
1.64%
 
March 2018
 
175,000

 
175,000

 
(71
)
 
(1,413
)
Swap-cash flow
 
1.83%
 
September 2018
 
15,758

 
16,088

 
(23
)
 
(193
)
Swap-cash flow
 
1.75%
 
September 2018
 
15,758

 
16,088

 
(14
)
 
(172
)
Swap-cash flow
 
1.83%
 
September 2018
 
38,678

 
39,488

 
(57
)
 
(474
)
Swap-cash flow
 
1.75%
 
September 2018
 
39,632

 
40,462

 
(35
)
 
(433
)
Swap-cash flow
 
1.83%
 
September 2018
 
17,190

 
17,550

 
(25
)
 
(211
)
Swap-cash flow
 
1.75%
 
September 2018
 
16,235

 
16,575

 
(14
)
 
(177
)
Swap-cash flow
 
2.02%
 
March 2019
 
125,000

 
125,000

 
(383
)
 
(2,090
)
Swap-cash flow
 
1.94%
 
March 2019
 
100,000

 
100,000

 
(213
)
 
(1,505
)
Swap-cash flow
 
1.27%
 
March 2019
 
125,000

 
125,000

 
836

 
54

Swap-cash flow (1)
 
1.96%
 
March 2019
 
100,000

 
100,000

 
(230
)
 
(516
)
Swap-cash flow (1)
 
1.85%
 
March 2019
 
50,000

 
50,000

 
(43
)
 
(184
)
Swap-cash flow (1)
 
1.81%
 
March 2019
 
50,000

 
50,000

 
(19
)
 
(159
)
Swap-cash flow (1)
 
1.74%
 
March 2019
 
25,000

 
25,000

 
13

 
(57
)
Swap-cash flow (2)
 
1.80%
 
September 2020
 
33,000

 
33,000

 
202

 
111

Swap-cash flow (2)
 
1.80%
 
September 2020
 
82,000

 
82,000

 
502

 
277

Swap-cash flow (2)
 
1.80%
 
September 2020
 
35,000

 
35,000

 
214

 
118

Swap-cash flow
 
1.81%
 
October 2020
 
143,000

 
143,000

 
803

 
(1,113
)
Swap-cash flow (3)
 
1.15%
 
April 2021
 
100,000

 
100,000

 
2,880

 
2,513

Swap-cash flow (3)
 
1.20%
 
April 2021
 
100,000

 
100,000

 
2,726

 
2,360

Swap-cash flow (3)
 
2.15%
 
April 2021
 
75,000

 
75,000

 
(144
)
 
(410
)
Swap-cash flow (3)
 
1.91%
 
April 2021
 
75,000

 

 
415

 

Swap-cash flow
 
1.61%
 
June 2021
 
50,000

 
50,000

 
769

 
224

Swap-cash flow
 
1.56%
 
June 2021
 
50,000

 
50,000

 
869

 
352

Swap-cash flow
 
1.71%
 
June 2021
 
50,000

 
50,000

 
598

 
5

Swap-cash flow (4)
 
2.29%
 
December 2022
 
200,000

 

 
(413
)
 

Swap-cash flow (4)
 
2.29%
 
December 2022
 
125,000

 

 
(259
)
 

 
 
 
 
 
 
$
2,186,251

 
$
2,064,251

 
$
8,846

 
$
(4,902
)
 _______________________________________________________________________________
(1)
Effective between the maturity of the swap in November 2017 and the maturity of the debt in March 2019.
(2)
Effective between the maturity of the existing swaps in September 2018 and September 2020.
(3)
Effective between the maturity of the existing swaps in March 2018 and the maturity of the debt in April 2021.
(4)
Effective between the maturity of the existing swaps in March 2019 and December 2022.