Interest Rate Swaps (Tables)

12 Months Ended

Dec. 31, 2018

Interest Rate Derivative Instruments [Abstract]

Schedule of interest rate derivatives and their fair values

Interest rate derivatives and their fair values as of December 31, 2018 and December 31, 2017 were as follows (in thousands):

				Fixed One Month
Notional Amount				LIBOR rate per			Fair Value (1)
December 31, 2018		December 31, 2017		annum	Effective Date	Expiration Date	December 31, 2018		December 31, 2017
$	25,000	$	25,000	1.989%	January 2, 2018	December 17, 2021	$	331	$	100
	100,000		100,000	1.989%	January 2, 2018	December 17, 2021		1,318		401
	75,000		75,000	1.989%	January 2, 2018	December 17, 2021		990		298
	50,000		50,000	2.033%	January 2, 2018	April 27, 2022		667		158
	100,000		100,000	2.029%	January 2, 2018	April 27, 2022		1,341		337
	50,000		50,000	2.033%	January 2, 2018	April 27, 2022		666		155
	100,000		—	2.617%	January 2, 2020	December 17, 2023		(782)		—
	100,000		—	2.621%	January 2, 2020	April 27, 2024		(818)		—
	200,000		—	2.636%	December 17, 2021	December 17, 2023		(722)		—
	200,000		—	2.642%	April 27, 2022	April 27, 2024		(648)		—
$	1,000,000	$	400,000				$	2,343	$	1,449

(1) Balance recorded in “other assets, net” in the consolidated balance sheets if in an asset position and recorded in “Advance rents, security deposits and other liabilities” in the consolidated balance sheets if in a liability position.