Derivative Instruments and Hedging Activity (Tables)

6 Months Ended

Jun. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

The Company had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk (in thousands, except number of instruments):

	Number of Instruments				Notional
Interest Rate Derivatives	June 30, 2017		December 31, 2016		June 30, 2017		December 31, 2016
Interest Rate Swap		5		5	$	184,685	$	185,044

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The table below presents the estimated fair value of the Company’s derivative financial instruments, as well as their classification in the consolidated balance sheets (in thousands).

	Asset Derivatives
	June 30, 2017					December 31, 2016
	Balance Sheet Location		Fair Value		Balance Sheet Location		Fair Value
Derivatives designated as cash flow hedges:
Interest Rate Swaps		Other Assets	$	1,285		Other Assets	$	1,409

	Liability Derivatives
	June 30, 2017				December 31, 2016
	Balance Sheet Location		Fair Value		Balance Sheet Location		Fair Value
Derivatives designated as cash flow hedges:
Interest Rate Swaps		Other Liabilities	$	1,539		Other Liabilities	$	1,994

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The table below displays the effect of the Company’s derivative financial instruments in the consolidated statements of operations and other comprehensive loss for the three and six months ended June 30, 2017 and 2016 (in thousands).

Derivatives in Cash Flow Hedging Relationships	Amount of Income/(Loss) Recognized in OCI on Derivative (Effective Portion)				Location of Income/(Loss) Reclassifed from Accumulated OCI into Income (Effective Portion)	Amount of Income/(Loss) Reclassified from Accumulated OCI into Expense (Effective Portion)
Three months ended June 30	2017		2016			2017		2016
Interest rate swaps	$	(411)	$	(1,677)	Interest Expense	$	(435)	$	(533)
Six months ended June 30
Interest rate swaps	$	330	$	(4,613)	Interest Expense	$	(900)	$	(1,058)

Offsetting Assets And Liabilities [Table Text Block]

The gross amounts of derivative assets or liabilities can be reconciled to the Tabular Disclosure of Fair Values of Derivative Instruments above, which also provides the location that derivative assets and liabilities are presented on the consolidated balance sheets (in thousands):

Offsetting of Derivative Assets

As of June 30, 2017
							Gross Amounts Not Offset in the Statement of Financial Position
	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Assets presented in the statement of Financial Position		Financial Instruments		Cash Collateral Received		Net Amount
Derivatives	$	1,285	$	-	$	1,285	$	(83)	$	-	$	1,202

Offsetting of Derivative Liabilities

As of June 30, 2017
							Gross Amounts Not Offset in the Statement of Financial Position
	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Liabilities presented in the statement of Financial Position		Financial Instruments		Cash Collateral Received		Net Amount
Derivatives	$	1,539	$	-	$	1,539	$	(83)	$	-	$	1,456

Offsetting of Derivative Assets

As of December 31, 2016
							Gross Amounts Not Offset in the Statement of Financial Position
	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Assets presented in the statement of Financial Position		Financial Instruments		Cash Collateral Received		Net Amount
Derivatives	$	1,409	$	-	$	1,409	$	(50)	$	-	$	1,359

Offsetting of Derivative Liabilities

As of December 31, 2016
							Gross Amounts Not Offset in the Statement of Financial Position
	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Statement of Financial Position		Net Amounts of Liabilities presented in the statement of Financial Position		Financial Instruments		Cash Collateral Received		Net Amount
Derivatives	$	1,994	$	-	$	1,994	$	(50)	$	-	$	1,944