XML 66 R33.htm IDEA: XBRL DOCUMENT v3.20.1
Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2020
Derivative Financial Instruments [Abstract]  
Schedule of Derivative Instruments
 The following table lists the derivative financial instruments held by us as of March 31, 2020 and December 31, 2019, which are included in security deposits, prepaid rent and other liabilities in our accompanying condensed consolidated balance sheets:
 
 
 
 
 
 
 
 
 
 
Fair Value
Instrument
 
Notional Amount
 
Index
 
Interest Rate
 
Maturity Date
 
March 31,
2020
 
December 31,
2019
Swap
 
$
139,500,000

 
one month LIBOR
 
2.49%
 
11/19/21
 
$
(5,012,000
)
 
$
(2,441,000
)
Swap
 
58,800,000

 
one month LIBOR
 
2.49%
 
11/19/21
 
(2,112,000
)
 
(1,029,000
)
Swap
 
36,700,000

 
one month LIBOR
 
2.49%
 
11/19/21
 
(1,318,000
)
 
(642,000
)
Swap
 
15,000,000

 
one month LIBOR
 
2.53%
 
11/19/21
 
(548,000
)
 
(273,000
)
 
 
$
250,000,000

 
 
 
 
 
 
 
$
(8,990,000
)
 
$
(4,385,000
)