Fair Value (Tables)

3 Months Ended

Mar. 31, 2019

Fair Value Disclosures [Abstract]

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]

The fair value of the Company's debt was as follows (in thousands):

	March 31, 2019				December 31, 2018
	Carrying Value		Fair Value		Carrying Value		Fair Value
Senior Notes	$	504,141	$	493,224	$	505,322	$	492,554
Revolver and Term Loans, net	1,309,619		1,315,855		1,169,165		1,175,000
Mortgage loans, net	386,386		391,342		528,189		528,404
Debt, net	$	2,200,146	$	2,200,421	$	2,202,676	$	2,195,958

Schedule of fair value hierarchy for financial assets and liabilities measured at fair value on a recurring basis

The following table presents the Company’s fair value hierarchy for those financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2019 (in thousands):

	Fair Value at March 31, 2019
	Level 1		Level 2			Level 3		Total
Interest rate swap asset	$	—	$	9,542		$	—	$	9,542
Interest rate swap liability	—		(7,483		)	—		(7,483		)
Total	$	—	$	2,059		$	—	$	2,059

The following table presents the Company’s fair value hierarchy for those financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2018 (in thousands):

	Fair Value at December 31, 2018
	Level 1		Level 2			Level 3		Total
Interest rate swap asset	$	—	$	17,215		$	—	$	17,215
Interest rate swap liability	—		(1,020		)	—		(1,020		)
Total	$	—	$	16,195		$	—	$	16,195