v3.7.0.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2017
Accounting Policies [Abstract]  
Balances of Financial Instruments Measured at Fair Value on Recurring Basis

The balances of financial instruments measured at fair value on a recurring basis at June 30, 2017 and December 31, 2016 are as follows (see Note 10):

 

 

 

June 30, 2017

 

(in thousands)

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Interest rate swaps, assets

 

$

7,781

 

 

$

-

 

 

$

7,781

 

 

$

-

 

Interest rate swap, liabilities

 

 

(7,691

)

 

 

-

 

 

 

(7,691

)

 

 

-

 

 

 

$

90

 

 

$

-

 

 

$

90

 

 

$

-

 

 

 

 

December 31, 2016

 

 

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Interest rate swaps, assets

 

$

9,598

 

 

$

-

 

 

$

9,598

 

 

$

-

 

Interest rate swap, liabilities

 

 

(10,217

)

 

 

-

 

 

 

(10,217

)

 

 

-

 

 

 

$

(619

)

 

$

-

 

 

$

(619

)

 

$

-