The table below presents the Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2016, aggregated by the level in the fair value hierarchy within which those measurements fall (in thousands):

	Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance at December 31, 2016
Asset:
Interest rate swaps	$	-	$	1,409	$	-	$	1,409

Liability:
Interest rate swaps	$	-	$	1,994	$	-	$	1,994
Mortgage notes payable	$	-	$	-	$	75,756	$	68,758
Unsecured term loans	$	-	$	-	$	165,971	$	158,988
Senior unsecured notes	$	-	$	-	$	159,674	$	159,176
Revolving credit facility	$	-	$	14,000	$	-	$	14,000

The table below presents the Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2015, aggregated by the level in the fair value hierarchy within which those measurements fall (in thousands):

	Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance at December 31, 2015
Asset:
Interest rate swaps	$	-	$	98	$	-	$	98

Liability:
Interest rate swaps	$	-	$	3,301	$	-	$	3,301
Mortgage notes payable	$	-	$	-	$	105,033	$	100,391
Unsecured term loans	$	-	$	-	$	97,742	$	99,390
Senior unsecured notes	$	-	$	-	$	99,645	$	99,161
Revolving credit facility	$	-	$	18,000	$	-	$	18,000