Financial Instruments (Notes)

3 Months Ended

Mar. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments and Hedging Activities Disclosure [Text Block]

Financial Instruments

We are exposed to capital market risk, such as changes in interest rates. In an effort to manage interest rate risk, we may enter into interest rate hedging arrangements from time to time. We do not utilize derivative financial instruments for trading or speculative purposes.

As of March 31, 2019 and December 31, 2018, the following forward-starting interest rate swaps designated as cash flow hedges (in thousands) were outstanding:

			Asset (Liability) Fair Value
Notional Amount		Maturity Date	March 31, 2019			December 31, 2018
$	125,000	10/1/2019	$	(6,512	)	$	(2,914	)
$	75,000	10/1/2019	(3,922		)	(1,762		)
$	75,000	10/1/2019	(1,956		)	—
$	50,000	10/1/2019	(1,311		)	—
$	25,000	10/1/2019	(317		)	—
			$	(14,018	)	$	(4,676	)

We have recorded the fair values of our interest rate swap contracts, which totaled $14.0 million and $4.7 million as of March 31, 2019 and December 31, 2018, respectively, as liabilities, included in Other Liabilities and Accumulated Other Comprehensive Loss on our Consolidated Balance Sheets.