Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2013

Designated as Hedging Instrument [Member]

Interest Rate Derivatives Designated and Non Designated

The table below presents information about the Trust’s interest rate caps that are included on the consolidated balance sheet that were designated as cash flow hedges of interest rate risk at December 31, 2013 (dollars in thousands):

Maturity	Strike Rate			Notional Amount of Hedge		Cost of Hedge		Estimated Fair Value of Hedge			Change in Hedge Valuations Included in Other Comprehensive Income for the Year Ended December 31, 2013
Aug 2014		0.5	%	$	13,408	$	22	$	(4	)	$	(4	)
May 2016		0.5	%		42,440		—	$	(33	)		(33	)
Oct 2016		0.69	%		150,000		—	$	(86	)		(86	)
Nov 2017		4.00	%		50,000		165	$	186			21
Nov 2018		5.00	%		50,000		220	$	248			28

Not Designated as Hedging Instrument [Member]

Interest Rate Derivatives Designated and Non Designated

The table below presents information about the Trust’s interest rate caps that were not designated as cash flow hedges at December 31, 2013 (in thousands):

Maturity	Strike Rate			Notional Amount of Hedge		Cost of Hedge		Estimated Fair Value		Change in Cap Valuations Included in Interest Expense for the Year Ended December 31, 2013
Oct 2014		1.00	%	$	5,753	$	174	$	—	$	1
May 2013		1.25	%		—		196		—		—
May 2014		1.75	%		51,982		434		—		—