Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Outstanding Interest Rate Derivatives Designated as Cash Flow Hedges of Interest Rate Risk

As of December 31, 2015, we had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk:

Interest Rate Derivative	Number of Instruments	Notional Amount (in thousands)
Interest rate swap	2	$169,612

Schedule of Fair Value of Derivative Financial Instruments

The table below presents the fair value of our derivative financial instruments as well as their classification on the consolidated balance sheets as of December 31, 2015, and 2014 (amounts in thousands):

		Fair Value as of December 31,
Interest Rate Derivative Designated as Hedging Instrument	Balance Sheet Location	2015		2014
Pay-fixed swaps	Accounts payable and accrued expenses	$	3,687	$	7,462

Schedule of Gain or Loss Recognized on Interest Rate Derivatives Designated as Cash Flow Hedges

The table below details the location in the financial statements of the gain or loss recognized on interest rate derivatives designated as cash flow hedges for the years ended December 31, 2015, 2014, and 2013 (amounts in thousands):

	Year Ended December 31,
	2015			2014			2013
Balance at beginning of period	$	(7,462	)	$	(11,706	)	$	(16,624	)
Amount of loss recognized in cumulative other comprehensive loss	(1,149		)	(776		)	(103		)
Amount of loss reclassified from cumulative other comprehensive loss into interest expense	4,924			5,020			5,021
Unrealized gain on derivative instruments	3,775			4,244			4,918
Balance at end of period	$	(3,687	)	$	(7,462	)	$	(11,706	)