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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2015
Accounting Policies [Abstract]  
Schedule of Accounts Receivable Net of Allowance for Uncollectible Tenant Receivables
The following summarizes our accounts receivable net of allowance for doubtful accounts as of:

 
March 31, 2015
 
December 31, 2014
Accounts receivable
$
14,187

 
$
17,287

Allowance for doubtful accounts
(874
)
 
(1,040
)
Accounts receivable, net
$
13,313

 
$
16,247

Schedule of Interest Rate Derivatives
As of March 31, 2015, the Company had the following outstanding interest rate derivatives that were designated as cash flow hedges of interest rate risk:

Interest Rate Derivative
Number of Instruments
Notional Amount
Interest Rate Caps
2
$92.0 million
Interest Rate Swaps
1
$64.5 million
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The table below presents a gross presentation, the effects of offsetting, and a net presentation of the Company’s derivatives as of March 31, 2015 and December 31, 2014. The net amounts of derivative assets or liabilities can be reconciled to the tabular disclosure of fair value. The tabular disclosure of fair value provides the location that derivative assets and liabilities are presented on the consolidated balance sheets.

 
 
Asset Derivatives
 
Liability Derivatives
 
 
 
Fair Value as of
 
 
Fair Value as of
 
 
Balance Sheet Location
March 31, 2015
 
December 31, 2014
 
Balance Sheet Location
March 31, 2015
 
December 31, 2014
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
 
 
 
Interest rate products
 
Interest rate contracts
$

 
$
3

 
Interest rate contracts
$
2,538

 
$
1,750

 
 
 
 
 
 
 
 
 
 
 
Total
 
 
$

 
$
3

 
 
$
2,538

 
$
1,750

Schedule of Derivative Instruments, Gain (Loss) on the Income Statement
The tables below present the effect of the Company’s derivative financial instruments on the Statement of Operations for the three months ended March 31, 2015 and 2014.

 
Three Months Ended 
 March 31, 2015
 
Three Months Ended 
 March 31, 2014
 
 
Beginning balance of OCI related to interest rate contracts
$
2,661

 
$
1,162

 
 
 
 
Unrealized loss recognized in OCI due to change in fair value of interest rate contracts
791

 
634

Loss reclassified from OCI into income (as interest expense)
(166
)
 
(82
)
Net change in OCI
625

 
552

 
 
 
 
Ending balance of accumulated OCI related to derivatives
3,286

 
1,714

Allocation of OCI, non-controlling interests
(237
)
 
(185
)
Accumulated other comprehensive loss
$
3,049

 
$
1,529