Fair Values of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2015				As of December 31, 2014
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial Assets:
Cash and cash equivalents	$	73,390	$	73,390	$	116,241	$	116,241
Mortgage loan receivable	3,374		3,374		3,417		3,417
Interest rate swap agreements	434		434		1,131		1,131
Financial Liabilities:
Mortgage notes payable	$	1,201,806	$	1,206,540	$	1,339,450	$	1,327,637
Notes payable to banks	600,000		598,459		481,500		477,967
Interest rate swap agreements	9,927		9,927		11,077		11,077