XML 43 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Derivative Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2017
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Summary of Aggregate Amount and Estimated Net Fair Value of Our Derivative Instruments

The following table summarizes the aggregate notional amount and estimated net fair value of our derivative instruments as of December 31, 2017 and December 31, 2016:

 

 

December 31, 2017

 

 

As of December 31, 2016

 

 

 

Notional

 

 

Fair Value of

Assets

 

 

Fair Value of

Liabilities

 

 

Notional

 

 

Fair Value of

Assets

 

 

Fair Value of

Liabilities

 

Cash flow hedges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap

 

$

150,000

 

 

$

4,700

 

 

$

—

 

 

$

150,000

 

 

$

3,867

 

 

$

—

 

Interest rate collar

 

 

50,000

 

 

 

1,297

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

 

200,000

 

 

 

5,997

 

 

 

—

 

 

 

150,000

 

 

 

3,867

 

 

 

—

 

Freestanding derivatives:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate cap

 

 

—

 

 

 

—

 

 

 

—

 

 

 

200,000

 

 

 

—

 

 

 

—

 

Interest rate collar

 

 

50,000

 

 

 

1,294

 

 

 

—

 

 

 

—

 

 

 

—

 

 

 

—

 

Net fair value

 

$

250,000

 

 

$

7,291

 

 

$

—

 

 

$

350,000

 

 

$

3,867

 

 

$

—