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Interest Rate Caps (Tables)
9 Months Ended
Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Changes in Rate Caps

The following is a summary of changes in the rate caps:

 

     Three Months Ended
September 30,
     Nine Months Ended
September 30,
 
In thousands    2016      2015      2016      2015  

Balance at beginning of period

   $ 22       $ 405       $ 120       $ —    

Purchases

     —          —          112         577   

Fair value adjustment included as an (increase) in interest expense

     (3      (247      (213      (419
  

 

 

    

 

 

    

 

 

    

 

 

 

Balance at end of period, included in other assets

   $ 19       $ 158       $ 19       $ 158