Derivatives and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Derivative Instruments

The Operating Partnership is party to interest rate swaps to mitigate the interest rate risk inherent in its senior secured term loan B facility. The principal terms of these interest rate swaps at March 31, 2017 are as follows:

						Fair Value Asset (Liability)
Effective Date	Maturity Date	Notional Amount		Fixed Rate		March 31, 2017			December 31, 2016
(in thousands, except percentages)
December 8, 2016	November 30, 2021	$	500,000	1.825	%	$	2,770		$	1,879
January 31, 2017	November 30, 2021	700,000		1.964	%	(1,525		)	N/A
		$	1,200,000			$	1,245		$	1,879