FAIR VALUE DISCLOSURES (Tables)

3 Months Ended

Mar. 31, 2017

Fair Value Disclosures [Abstract]

Schedule of Face Value, Carrying Amounts and Fair Value

The following were the face values, carrying amounts and fair values of the Company’s notes payable as of March 31, 2017 and December 31, 2016, which carrying amounts generally do not approximate the fair values (in thousands):

	March 31, 2017						December 31, 2016
	Face Value		Carrying Amount		Fair Value		Face Value		Carrying Amount		Fair Value
Financial liabilities:
Notes payable	$	1,852,548	$	1,843,709	$	1,836,766	$	1,793,405	$	1,783,468	$	1,775,953

Schedule of Assets and Liabilities at Fair Value

As of March 31, 2017, the Company measured the following assets and liabilities at fair value (in thousands):

				Fair Value Measurements Using
	Total			Quoted Prices in Active Markets  for Identical Assets (Level 1)		Significant Other Observable  Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Recurring Basis:
Asset derivatives - interest rate swaps	$	2,384		$	—	$	2,384		$	—
Liability derivatives - interest rate swaps	(6,325		)	—		(6,325		)	—