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Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2017
Financial Instruments, Financial Assets, Balance Sheet Groupings [Abstract]  
Fair value assets and liabilities measured on recurring basis
The following tables provide a summary of the Company’s significant financial assets and liabilities carried at fair value and measured on a recurring basis as of March 31, 2017 and December 31, 2016 (in thousands):
 
 
 
 
Fair Value Measurements at March 31, 2017
 
Carrying Value at March 31, 2017
 
Quoted Prices in
Active Markets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable
Inputs (Level 3)
Assets:
 
 
 
 
 
 
 
Restricted investment:
 
 
 
 
 
 
 
    Rabbi Trust
$
17,720

 
$

 
$
17,720

 
$

Fixed income securities
1,807

 

 
1,807

 

Liabilities:
 
 
 
 
 
 
 
Interest rate swap derivatives
$
19,242

 
$

 
$
19,242

 
$

 
 
 
 
Fair Value Measurements at December 31, 2016
 
Carrying Value at December 31, 2016
 
Quoted Prices in
Active Markets
(Level 1)
 
Significant Other
Observable  Inputs
(Level 2)
 
Significant
Unobservable
Inputs (Level 3)
Assets:
 
 
 
 
 
 
 
Restricted investments:
 
 
 
 
 
 
 
    Rabbi Trust
$
15,662

 
$

 
$
15,662

 
$

Fixed income securities
1,782

 

 
1,782

 

       Interest rate cap derivatives
15

 

 
15

 

Liabilities:
 
 
 
 
 
 
 
Interest rate swap derivatives
$
18,679

 
$

 
$
18,679

 
$