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Fair Value (Tables)
9 Months Ended
Sep. 30, 2016
Fair Value Disclosures [Abstract]  
Schedule of fair value hierarchy for financial assets and liabilities measured at fair value on a recurring basis
The following table presents the Company’s fair value hierarchy for those financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2016 (in thousands):

 
Fair Value at September 30, 2016
 
Level 1
 
Level 2
 
Level 3
 
Total
Interest rate swap liability
$

 
$
(32,746
)
 
$

 
$
(32,746
)
Total
$

 
$
(32,746
)
 
$

 
$
(32,746
)

 
The following table presents the Company’s fair value hierarchy for those financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2015 (in thousands):
 
Fair Value at December 31, 2015
 
Level 1
 
Level 2
 
Level 3
 
Total
Interest rate swap asset
$

 
$
506

 
$

 
$
506

Interest rate swap liability
$

 
$
(17,108
)
 
$

 
$
(17,108
)
Total
$

 
$
(16,602
)
 
$

 
$
(16,602
)