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Derivative Instruments (Tables)
3 Months Ended
Mar. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Outstanding Derivative Instruments
As of March 31, 2018 and December 31, 2017, we had the following outstanding interest rate derivatives that were designated as effective cash flow hedges of interest rate risk (in thousands): 
Notional Amount
 
 
 
 
 
 
 
 
 
Fair Value at Significant Other
Observable Inputs (Level 2)
 
As of March 31, 2018
 
As of December 31, 2017
 
Type of
Derivative
 
Strike
Rate
 
Effective Date
 
Expiration Date
 
As of March 31, 2018 (5)
 
As of December 31, 2017 (5)
 
Currently-paying contracts
 
 
 
 
 
 
 
 
 
 
 
$
206,000

(1) 
$
206,000

 
Swap
 
1.611

 
Jun 15, 2017
 
Jan 15, 2020
 
$
2,551

 
$
1,409

 
54,905

(1) 
54,905

 
Swap
 
1.605

 
Jun 6, 2017
 
Jan 6, 2020
 
673

 
374

 
75,000

(1) 
75,000

(1) 
Swap
 
1.016

 
Apr 6, 2016
 
Jan 6, 2021
 
2,862

 
2,260

 
75,000

(1) 
75,000

(1) 
Swap
 
1.164

 
Jan 15, 2016
 
Jan 15, 2021
 
2,583

 
1,947

 
300,000

(2) 
300,000

(2) 
Swap
 
1.435

 
Jan 15, 2016
 
Jan 15, 2023
 
15,001

 
9,978

 
237,519

(3) 
229,012

(3) 
Swap
 
0.792

 
Jan 15, 2016
 
Jan 15, 2019
 
9

 
(430
)
 
76,387

(4) 
78,357

(4) 
Swap
 
0.779

 
Jan 15, 2016
 
Jan 15, 2021
 
2,972

 
3,034

 
$
1,024,811

 
$
1,018,274

 
 
 
 
 
 
 
 
 
$
26,651

 
$
18,572

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
Represents portions of the U.S. dollar tranche of the 5-Year Term Loan.
(2)
Represents the U.S. dollar tranche of the 7-Year Term Loan.
(3)
Represents the British pound sterling tranche of the 5-Year Term Loan. Translation to U.S. dollars is based on exchange rates of $1.40 to £1.00 as of March 31, 2018 and $1.35 to £1.00 as of December 31, 2017.
(4)
Represents the Canadian dollar tranche of the 5-Year Term Loan. Translation to U.S. dollars is based on exchange rates of $0.78 to 1.00 CAD as of March 31, 2018 and $0.80 to 1.00 CAD as of December 31, 2017.
(5)
Balance recorded in other assets in the consolidated balance sheets if positive and recorded in accounts payable and other accrued liabilities in the consolidated balance sheets if negative.