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Bank Debt (Tables)
 9 Months Ended
Sep. 30, 2017
Bank Debt [Abstract]  
Schedule of interest rate swaps classified as level 2 fair value
  

For the Three-Month Periods Ended September 30,

 
  2017  2016 
Payments required by interest rate swaps $8,115  $14,470 
Other comprehensive income, net of taxes $1,824  $15,523 

 

  

For the Nine-Month Periods Ended September 30,

 
  2017  2016 
Payments required by interest rate swaps $29,834  $44,653 
Other comprehensive income (loss), net of taxes $3,419  ($79,767)
Schedule of principal payments due under debt outstanding
  

Three-month

period ending 12/31/2017

  

Year

ending

12/31/2018

  

Year

ending

12/31/2019

  

Year

ending

12/31/2020

  

Year

ending

12/31/2021

  

 

After

12/31/2021

  Total 
Loan #1 $15,888  $64,876  $68,908  $493,696   -   -  $643,368 
Loan #2  21,279   86,097   89,997   94,005   98,538   1,951,228   2,341,144 
Loan #3(1)  -   85,036   347,638   359,949   372,695   1,519,025   2,684,343 
Loan #4  -   -   -   -   -   -   - 
Loan #5(1)  3,005   12,283   12,718   13,169   13,635   279,406   334,216 
Debt Issuance Costs  (4,122)  (16,489)  (16,489)  (15,855)  (14,841)  (63,077)  (130,873)
  $36,050  $231,803  $502,772  $944,964  $470,027  $3,686,582  $5,872,198 

 

(1) These notes bear interest at a variable rate equal to the one-month LIBOR plus a margin of 2.25%. Figures in this table are estimated using an interest rate of approximately 3.485%. The actual interest rate and principal payments will be different.