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Fair Value Disclosures (Tables)
6 Months Ended
Jun. 30, 2016
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
For assets and liabilities measured at fair value on a recurring basis, quantitative disclosure of the fair value for each major category of assets and liabilities is presented below:
 
 
Fair Value Measurements as of June 30, 2016 Using
 
Fair Value Measurements as of
December 31, 2015 Using
Description
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
Insurance deposit
 
$
15,642

 
 

 
$
14,346

 
 

Total assets
 
$
15,642


$

 
$
14,346

 
$

 
 
 
 
 
 
 
 
 
Derivative interest rate contracts (Note 8)
 
 

 
$
(13,622
)
 
 

 
$
(6,077
)
Total liabilities
 
 

 
$
(13,622
)
 
 

 
$
(6,077
)
Estimated fair value of notes payable
The estimated fair values of notes payable at June 30, 2016 and December 31, 2015 were as follows:
 
2016
 
2015
 
Carrying Value
 
Fair Value
 
Carrying Value (1)
 
Fair Value
Notes payable, net
$
3,039,120

 
$
3,125,709

 
$
2,627,088

 
$
2,609,582



(1)
The December 31, 2015 balance has been adjusted in connection with the Company's adoption of ASU No. 2015-03 "Imputation of Interest: Simplifying the Presentation of Debt Issuance Costs" (Note 1).