Capital and Financing Transactions (Tables)

9 Months Ended

Sep. 30, 2014

Capital and Financing Transactions [Abstract]

Schedule of revolving credit facilities and term loans

The following table summarizes the Company's notes payable to banks:

Unsecured Credit Facilities and Term Loans	Interest Rate			Initial Maturity	Outstanding Balance
					(in thousands)
$10.0 Million Working Capital Credit Facility	1.70	%		03/30/2018	$	—
$250.0 Million Revolving Credit Facility	1.70	%		03/30/2018	—
$250.0 Million Five-Year Term Loan	2.61	%		03/29/2019	250,000
$100.0 Million Seven-Year Term Loan	4.46	%		03/31/2021	100,000
	3.13	%	(1)		$	350,000

(1) Represents a weighted average interest rate based on total outstanding balances.

Schedule of the effect on consolidated statements of operations and comprehensive income (loss)

The table below presents the effect of the Company's derivative financial instruments on the Company's consolidated statements of operations and comprehensive income (loss) for the three and nine months ended September 30, 2014 and 2013 (in thousands):

Derivatives in Cash Flow Hedging Relationships (Interest Rate Swaps)	Three Months Ended September 30,					Nine Months Ended September 30,
	2014		2013			2014			2013
Amount of gain (loss) recognized in other comprehensive income (loss) on derivatives	$	1,448	$	(3,171	)	$	(6,235	)	$	3,359
Amount of gain reclassified from accumulated other comprehensive income (loss) into interest expense	1,956		1,393			5,488			4,203
Other comprehensive income (loss)	$	3,404	$	(1,778	)	$	(747	)	$	7,562
Amount of gain (loss) recognized in income on derivatives (ineffective portion, reclassifications of missed forecasted transactions and amounts excluded from effectiveness testing)	$	41	$	(67	)	$	(156	)	$	(454	)