Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 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 June 30, 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	$	89,422	$	—	$	—	$	89,422
Restricted cash	—		17,435		—		17,435
Call option	—		—		4,628		4,628
Total Financial Assets	$	89,422	$	17,435	$	4,628	$	111,485
Financial Liabilities:
Total debt	$	—	$	1,659,268	$	—	$	1,659,268
Swaps:
Asset for swap	$	—	$	6,268	$	—	$	6,268
Liability for swap	$	—	$	601	$	—	$	601

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
Swaps:
Asset for swap	$	—	$	5,392	$	—	$	5,392
Liability for swap	$	—	$	2,283	$	—	$	2,283