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Derivative Financial Instruments (Tables)
 9 Months Ended
Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivatives
The Company’s derivatives were comprised of the following as of September 30, 2017 and December 31, 2016 (in thousands): 
 
 
September 30, 2017
 
December 31, 2016
 
 
(Unaudited)
 
 
 
 
 
 
 
 
Notional
Amount
 
Fair Value
 
Notional
Amount
 
Fair Value
 
 
 
 
Asset
 
Liability
 
 
 
Asset
 
Liability
Interest rate swaps
 
$
56,124

 
$
10

 
$
(447
)
 
$
56,901

 
$
—

 
$
(829
)
Interest rate caps
 
370,000

 
707

 
—

 
270,000

 
259

 
—

Total
 
$
426,124

 
$
717

 
$
(447
)
 
$
326,901

 
$
259

 
$
(829
)
Schedule of changes in fair value of derivatives
The changes in the fair value of the Company’s derivatives during the three and nine months ended September 30, 2017 and 2016 were comprised of the following (in thousands): 
 
 
Three Months Ended 
 September 30,
 
Nine Months Ended 
 September 30,
 
 
2017
 
2016
 
2017
 
2016
 
 
(Unaudited)
Interest rate swaps
 
$
124

 
$
481

 
$
392

 
$
(2,007
)
Interest rate caps
 
(37
)
 
17

 
(92
)
 
(257
)
Total change in fair value of interest rate derivatives
 
$
87

 
$
498

 
$
300

 
$
(2,264
)