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Derivative Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The following table summarizes the terms and fair values of the Company's derivative financial instruments, as well as their classification on the Consolidated Balance Sheets: 
 
 
 
 
 
 
 
 
 
 
 
 
Fair Value at December 31,
(in thousands)
 
 
 
 
 
 
 
 
 
Assets (Liabilities) (2)
Effective Date
 
Maturity Date
 
Early Termination Date (1)
 
Notional Amount
 
Bank Pays Variable Rate of
 
Regency Pays Fixed Rate of
 
2016
 
2015
10/16/13
 
10/16/20
 
N/A
 
$
28,100

 
1 Month LIBOR
 
2.196%
 
$
(580
)
 
(898
)
8/1/16
 
1/5/22
 
N/A
 
200,000

 
1 Month LIBOR
 
1.048%
 
7,538

 
—

8/1/16
 
1/5/22
 
N/A
 
65,000

 
1 Month LIBOR
 
1.070%
 
2,351

 
—

4/7/16
 
4/1/23
 
N/A
 
20,000

 
1 Month LIBOR
 
1.303%
 
720

 
—

12/1/16
 
11/1/23
 
N/A
 
33,000

 
1 Month LIBOR
 
1.490%
 
1,013

 
—

6/15/17
 
6/15/27
 
12/15/17
 
20,000

 
3 Month LIBOR
 
3.488%
(3) 
—

 
(1,798
)
6/15/17
 
6/15/27
 
12/15/17
 
100,000

 
3 Month LIBOR
 
3.480%
(3) 
—

 
(8,922
)
6/15/17
 
6/15/27
 
12/15/17
 
100,000

 
3 Month LIBOR
 
3.480%
(3) 
—

 
(8,921
)
     Total derivative financial instruments
 
$
11,042

 
(20,539
)

(1) Represents the date specified in the agreement for either optional or mandatory early termination by the counterparty, which will result in cash settlement. The Company has the option to terminate and settle at any date prior to this.
(2) Derivatives in an asset position are included within Other assets in the accompanying Consolidated Balance Sheets, while those in a liability position are included within Accounts payable and other liabilities.
(3) In 2014, the Company entered into $220 million of forward starting interest rate swaps to hedge the interest rate on new fixed rate ten year debt that the Company expected to issue in June 2017 for the specific purpose of repaying at maturity the $300 million notes. These interest rate swaps locked in a weighted average fixed rate of 3.48%, before the Company's credit spread. These swaps were settled during the during the third quarter of 2016, as further described below.
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]
The following table represents the effect of the derivative financial instruments on the accompanying consolidated financial statements:
Derivatives in FASB
ASC Topic 815 Cash
Flow Hedging
Relationships:
Amount of Gain (Loss)
Recognized in OCI on
Derivative (Effective
Portion)
 
Location and Amount of Gain (Loss)
Reclassified from
Accumulated OCI into
Income (Effective
Portion)
 
Location and Amount of Gain or
(Loss) Recognized in
Income on Derivative
(Ineffective Portion and
Missed Forecast)
 
Year ended December 31,
 
 
 
Year ended December 31,
 
 
 
Year ended December 31,
(in thousands)
2016
 
2015
 
2014
 
 
 
2016
 
2015
 
2014
 
 
 
2016
 
2015
 
2014
Interest rate swaps
$
(10,332
)
 
(10,089
)
 
(49,968
)
 
Interest expense
 
$
(51,139
)
 
(9,152
)
 
(9,353
)
 
Loss on derivative instruments
 
$
(40,586
)
 
—

 
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