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Derivatives and Hedging (Tables)
9 Months Ended
Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of interest rate swaps
As of September 30, 2016 and December 31, 2015, the Company had entered into the following interest rate swaps (in thousands): 
 
 
Notional value at
 
 
 
 
 
Fair value at
Hedge type
 
September 30, 2016
 
December 31, 2015
 
Interest rate
 
Maturity
 
September 30, 2016
 
December 31, 2015
Swap-cash flow
 
$
275,000

 
$
275,000

 
1.12%
 
November 2017
 
$
(1,467
)
 
$
(1,014
)
Swap-cash flow
 
175,000

 
175,000

 
1.56%
 
March 2018
 
(2,254
)
 
(2,190
)
Swap-cash flow
 
175,000

 
175,000

 
1.64%
 
March 2018
 
(2,447
)
 
(2,478
)
Swap-cash flow
 
16,170

 
16,418

 
1.83%
 
September 2018
 
(348
)
 
(312
)
Swap-cash flow
 
16,170

 
16,418

 
1.75%
 
September 2018
 
(324
)
 
(279
)
Swap-cash flow
 
39,690

 
40,298

 
1.83%
 
September 2018
 
(854
)
 
(765
)
Swap-cash flow
 
40,670

 
41,292

 
1.75%
 
September 2018
 
(814
)
 
(701
)
Swap-cash flow
 
17,640

 
17,910

 
1.83%
 
September 2018
 
(380
)
 
(340
)
Swap-cash flow
 
16,660

 
16,915

 
1.75%
 
September 2018
 
(334
)
 
(287
)
Swap-cash flow
 
125,000

 
125,000

 
2.02%
 
March 2019
 
(3,838
)
 
(3,186
)
Swap-cash flow
 
100,000

 
100,000

 
1.94%
 
March 2019
 
(2,884
)
 
(2,308
)
Swap-cash flow
 
125,000

 
125,000

 
1.27%
 
March 2019
 
(1,495
)
 
(115
)
Swap-cash flow (1)
 
100,000

 
100,000

 
1.96%
 
March 2019
 
(1,391
)
 
(321
)
Swap-cash flow (1)
 
50,000

 
50,000

 
1.85%
 
March 2019
 
(621
)
 
(87
)
Swap-cash flow (1)
 
50,000

 
50,000

 
1.81%
 
March 2019
 
(596
)
 
(62
)
Swap-cash flow (1)
 
25,000

 
25,000

 
1.74%
 
March 2019
 
(276
)
 
(9
)
Swap-cash flow (2)
 
33,000

 
33,000

 
1.80%
 
September 2020
 
(449
)
 
98

Swap-cash flow (2)
 
82,000

 
82,000

 
1.80%
 
September 2020
 
(1,115
)
 
245

Swap-cash flow (2)
 
35,000

 
35,000

 
1.80%
 
September 2020
 
(476
)
 
104

Swap-cash flow
 
143,000

 
143,000

 
1.81%
 
October 2020
 
(5,306
)
 
(2,196
)
Swap-cash flow (3)
 
100,000

 

 
1.15%
 
April 2021
 
(272
)
 

Swap-cash flow
 
50,000

 
50,000

 
1.61%
 
June 2021
 
(1,568
)
 
(97
)
Swap-cash flow
 
50,000

 
50,000

 
1.56%
 
June 2021
 
(1,433
)
 
59

Swap-cash flow
 
50,000

 
50,000

 
1.71%
 
June 2021
 
(1,804
)
 
(361
)
 
 
$
1,890,000

 
$
1,792,251

 
 
 
 
 
$
(32,746
)
 
$
(16,602
)
     
(1)
Effective between the maturity of the existing swap in November 2017 and the maturity of the debt in March 2019.
(2)
Effective between the maturity of the existing swaps in September 2018 and September 2020.
(3)
Effective between the maturity of the existing swaps in March 2018 and the maturity of the debt in April 2021.