Fair Values of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2013

Fair Value Disclosures [Abstract]

Schedule of fair value, assets and liabilities measured on recurring basis

A summary of the carrying amount and fair value of the Company's financial assets and liabilities as of September 30, 2013 and December 31, 2012 are as follows (in thousands):

	As of September 30, 2013				As of December 31, 2012
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial Assets:
Cash and cash equivalents	$	42,518	$	42,518	$	81,856	$	81,856
Note receivable, net	78,800		80,000		—		—
Mortgage loan	3,523		3,523		—		—
Interest rate swap agreements	1,661		1,661		—		—
Financial Liabilities:
Mortgage notes payable	$	722,313	$	700,362	$	605,890	$	623,604
Notes payable to banks	391,000		387,961		262,000		254,215
Interest rate swap agreements	10,390		10,390		16,285		16,285