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Financial Instruments (Notes)
 9 Months Ended
Sep. 30, 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 September 30, 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
 
September 30, 2019
 
December 31, 2018
$
125,000

 
$
(16,630
)
 
$
(2,914
)
75,000

 
(9,993
)
 
(1,762
)
75,000

 
(7,914
)
 
—

50,000

 
(5,283
)
 
—

25,000

 
(2,284
)
 
—

$
350,000

 
$
(42,104
)
 
$
(4,676
)


We entered into these interest rate swap contracts to hedge our exposure to the changes in the interest rates on the debt issuances, meeting certain criteria, which occur between August 1, 2019 and December 31, 2020.

We determined the fair values of these interest rate swaps by using standard market conventions and techniques such as discounted cash flow analysis, option pricing models and termination cost at each balance sheet date. The inputs used to value these interest rate swaps fall within level 2 of the fair value hierarchy. We have recorded the fair values of our interest rate swap contracts, which totaled $42.1 million and $4.7 million as of September 30, 2019 and December 31, 2018, respectively, as liabilities, included in Other Liabilities and Accumulated Other Comprehensive Loss on our Consolidated Balance Sheets.