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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]  
Schedule of Fair Value Measurement Inputs
The following tables present the Company's assets and liabilities measured at fair value on a recurring and non-recurring basis as of March 31, 2016 and December 31, 2015, aggregated by the level in the fair value hierarchy within which those measurements fall:
 
Balance
 
Fair Value Measurements Using
Description
March 31, 2016
 
(Level 1)
 
(Level 2)
 
(Level 3)
Interest rate swap liabilities
$
(6,564
)
 
$

 
$
(6,564
)
 
$

 
Balance
 
Fair Value Measurements Using
Description
December 31, 2015
 
(Level 1)
 
(Level 2)
 
(Level 3)
Interest rate swap assets
$
4

 
$

 
$
4

 
$

Impaired real estate assets*
$
3,015

 
$

 
$

 
$
3,015

Interest rate swap liabilities
$
(1,943
)
 
$

 
$
(1,943
)
 
$

*Represents a non-recurring fair value measurement.
Schedule of Carrying Amounts and Fair Value of Financial Instruments
The table below sets forth the carrying amounts and estimated fair values of the Company's financial instruments as of March 31, 2016 and December 31, 2015.
 
As of March 31, 2016
 
As of December 31, 2015
 
Carrying
Amount
 
Fair Value
 
Carrying
Amount
 
Fair Value
Assets
 
 
 
 
 
 
 
Loans Receivable
$
95,770

 
$
101,010

 
$
95,871

 
$
103,014

 
 
 
 
 
 
 
 
Liabilities
 

 
 

 
 

 
 

Debt
$
2,202,598

 
$
2,198,030

 
$
2,182,367

 
$
2,164,571