Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2017

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The fair values of our financial instruments as of March 31, 2017 are presented in the following table:

	Fair Value Measurements Using
(in thousands)	Level 1		Level 2		Level 3		Fair Value
Financial Assets:
Cash and cash equivalents	$	102,932	$	—	$	—	$	102,932
Restricted cash	—		17,423		—		17,423
Total Financial Assets	$	102,932	$	17,423	$	—	$	120,355
Financial Liabilities:
Total debt	$	—	$	1,605,794	$	—	$	1,605,794
Derivatives:
Asset for interest rate swap agreements	$	—	$	6,479	$	—	$	6,479
Liability for interest rate swap agreements	$	—	$	893	$	—	$	893

The fair values of our financial instruments as of December 31, 2016 are presented in the following table:

	Fair Value Measurements Using
(in thousands)	Level 1		Level 2		Level 3		Fair Value
Financial Assets:
Cash and cash equivalents	$	72,031	$	—	$	—	$	72,031
Restricted cash	—		17,943		—		17,943
Total Financial Assets	$	72,031	$	17,943	$	—	$	89,974
Financial Liabilities:
Total debt	$	—	$	1,622,811	$	—	$	1,622,811
Derivatives:
Asset for interest rate swap agreements	$	—	$	5,392	$	—	$	5,392
Liability for interest rate swap agreements	$	—	$	2,283	$	—	$	2,283