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Financial Instruments - Derivatives and Hedging (Tables)
 3 Months Ended
Mar. 31, 2016
Derivative [Line Items]  
Schedule of derivative instruments in Statement of Financial Position, fair value
 
 
Fair Value of Derivative Instruments
Interest rate swaps classified as:
 
March 31, 2016
 
December 31, 2015
Gross derivative assets
 
$
—

 
$
—

Gross derivative liabilities
 
(2,480
)
 
(2,437
)
Net derivative liability
 
$
(2,480
)
 
$
(2,437
)
Schedule of cash flow hedges included in AOCI
The effective portion of the Company's interest rate swaps that was recorded in the accompanying unaudited Condensed Consolidated Statement of Operations for the three months ended March 31, 2016 and 2015 is as follows:

Derivatives in Cash Flow Hedging Relationships (Interest Rate Swaps and Caps)
 
Three Months Ended March 31,
 
2016
 
2015
Unrealized loss on interest rate hedges
 
$
(1,529
)
 
$
(4,901
)
Amortization of interest rate swaps to interest expense
 
$
1,486

 
$
2,464
Cash Flow Hedging [Member] | Designated as Hedging Instrument [Member]  
Derivative [Line Items]  
Schedule of interest rate derivatives
A detail of the Company’s interest rate derivatives designated as cash flow hedges outstanding as of March 31, 2016 is as follows:
 
 
Number of Instruments
 
Notional Amount
 
Interest Rate Swaps
 
5
 
$
1,500,000