Risk Management and Use of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of derivative instruments in statement of financial position, fair value

The following table summarizes the terms and fair values of the Company's derivative financial instruments as of December 31, 2014 and December 31, 2013. The notional amounts provide an indication of the extent of the Company's involvement in these instruments at that time, but do not represent exposure to credit, interest rate or market risks (amounts presented in thousands and included in other liabilities on the Company's consolidated balance sheets).

Hedge Product	Hedge Type	Designation		Notional Amount				Strike		Trade Date	Maturity Date	Fair value
				12/31/2014		12/31/2013						12/31/2014			12/31/2013
Assets/(Liabilities)
Swap	Interest Rate	Cash Flow	(a)	$	25,774	$	25,774	3.300	%	December 22, 2011	January 30, 2021	$	(334	)	$	549
Swap	Interest Rate	Cash Flow	(a)	25,774		25,774		3.090	%	January 6, 2012	October 30, 2019	(254		)	218
Swap	Interest Rate	Cash Flow	(a)	200,000		200,000		3.623	%	December 6-13, 2011	February 1, 2019	(2,649		)	(545		)
Swap	Interest Rate	Cash Flow	(a)	27,062		27,062		2.750	%	December 21, 2011	September 30, 2017	(253		)	(311		)
Swap	Interest Rate	Cash Flow	(a), (b)	—		77,000		2.703	%	December 9-13, 2011	February 1, 2016	—			(887		)
Swap	Interest Rate	Cash Flow	(a), (b)	—		50,000		2.470	%	December 13, 2011	February 1, 2015	—			(283		)
Swap	Interest Rate	Cash Flow	(a), (b)	—		23,000		2.513	%	December 7-12, 2011	May 1, 2015	—			(162		)
				$	278,610	$	428,610					$	(3,490	)	$	(1,421	)

(a) Hedging unsecured variable rate debt.

(b) On September 16, 2014, the Company repaid the entire $150.0 million swapped to fixed portion of its previously mentioned three-year term loan (See Note 7, "Debt Obligations"), consisting of $150.0 million interest rate swaps maturing through February 1, 2016 (shown above). In connection with the repayment, the Company terminated associated hedging contracts, incurring a $0.8 million charge upon termination.