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Debt and Financing Arrangements (Tables)
3 Months Ended
Mar. 31, 2017
Debt Disclosure [Abstract]  
Schedule of notional amount of the Company's derivative instruments
The notional amount of the Company's derivative instruments are as follows:
 
March 31, 2017
 
December 31, 2016
Interest Rate Swap
$
150,000,000

 
$
150,000,000

Schedule of financial assets and liabilities measured at fair value in the consolidated balance sheets
The Company uses the market approach to derive the value of its level 2 fair value measurements. Interest rate swaps are valued using publicized swap curves.
Fair Value Measurements
Quoted Prices with Other Observable Inputs (Level 2)
 
 
 
 
March 31, 2017
 
December 31, 2016
Financial assets:
 
 
 
Interest Rate Swap Asset
$

 
$

Financial Liabilities:
 
 
 
Interest Rate Swap Liability (Other Accrued Liabilities)
$
1,199,995

 
$
1,841,970