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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2012
Accounting Policies [Abstract]  
Fair value of liabilities on recurring basis
 
Fair Value Measurements at Reporting
Date Using:
 
September 30,
 
Quoted Prices in
Active Markets for
Identical Assets
 
Significant Other
Observable Inputs
 
Unobservable
Inputs
Description
2012
 
(Level 1)
 
(Level 2)
 
(Level 3)
Recurring
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Interest Rate Swaps
$
18,741

 
$

 
$
18,741

 
$

The following table sets forth the Company’s financial liabilities that were accounted for at fair value on a recurring basis as of December 31, 2011 (in thousands):
 
Fair Value Measurements at Reporting
Date Using:
 
December 31,
 
Quoted Prices in
Active Markets for
Identical Assets
 
Significant Other
Observable Inputs
 
Unobservable
Inputs
Description
2011
 
(Level 1)
 
(Level 2)
 
(Level 3)
Recurring
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Interest Rate Swaps
$
3,886

 
$

 
$
3,886

 
$

Held-to-maturity securities
The following table sets forth the details of the remaining available-for-sale securities sold during the third quarter of 2012 (in thousands):
 
 
Available-for-sale Securities Sold
 
 
Cash Received
 
Principal Amount
 
Gain (loss)
Available-for-sale securities
 
$
42,030

 
$
42,105

 
$
(75
)

The Company did not hold any available-for-sale securities as of September 30, 2012 or December 31, 2011.