Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2016

Carrying Amounts and Fair Values of Financial Instruments Measured based on Level Two Inputs

The carrying amounts and fair values of the Company’s financial instruments, all of which are based on Level 2 inputs, as of March 31, 2016 and December 31, 2015, were as follows (in thousands):


	March 31, 2016				December 31, 2015
	Carrying		Fair		Carrying		Fair
	Value		Value		Value		Value
	(Unaudited)
Indebtedness	$	467,311	$	454,722	$	377,593	$	384,691
Interest rate swap liabilities		2,250		2,250		1,082		1,082
Interest rate cap assets		75		75		164		164