Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2013

Fair Value Disclosures [Abstract]

Estimated fair values of financial instruments

The estimated fair values of the Company’s financial instruments are as follows:

	December 31, 2012				June 30, 2013
	Carrying Value		Fair Value		Carrying Value		Fair Value
Cash and cash equivalents	$	39,977	$	39,977	$	47,003	$	47,003
Fixed-rate debt	188,434		174,800		188,607		191,900
Variable-rate debt	335,261		335,261		337,921		337,921
Derivative instruments - asset position	—		—		—		—
Derivative instruments - liability position	219		219		140		140

Financial instruments reported at fair value on a recurring basis

The following table summarizes the valuation of the Company’s financial instruments that are reported at fair value on a recurring basis by the above ASC 820 pricing levels as of December 31, 2012:

	Total		Quoted market prices in active markets (Level 1)		Significant other observable  inputs (Level 2)		Significant unobservable inputs (Level 3)
Cash and cash equivalents	$	39,977	$	39,977	$	—	$	—
Interest rate contracts - liability position	219		—		219		—

The following table summarizes the valuation of the Company’s financial instruments that are reported at fair value on a recurring basis by the above ASC 820 pricing levels as of June 30, 2013:

	Total		Quoted market prices in active markets (Level 1)		Significant other observable  inputs (Level 2)		Significant unobservable inputs (Level 3)
Cash and cash equivalents	$	47,003	$	47,003	$	—	$	—
Interest rate contracts - liability position	140		—		140		—