Fair Values of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

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

Assets and liabilities disclosed at fair value on a recurring basis were as follows (in thousands):

	As of March 31, 2015				As of December 31, 2014
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial Assets:
Cash and cash equivalents	$	66,675	$	66,675	$	116,241	$	116,241
Mortgage loan receivable	3,395		3,395		3,417		3,417
Interest rate swap agreements	412		412		1,131		1,131
Financial Liabilities:
Mortgage notes payable	$	1,298,971	$	1,309,047	$	1,339,450	$	1,327,637
Notes payable to banks	593,000		592,258		481,500		477,967
Interest rate swap agreements	13,790		13,790		11,077		11,077