Quarterly report pursuant to Section 13 or 15(d)

Interest Rate Derivatives (Details)

v3.19.3
Interest Rate Derivatives (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Effect of interest rate derivatives on consolidated statements of operations and comprehensive income          
Amount of (Loss) Gain Recognized in AOCL on Derivatives $ (11,047) $ 1,325 $ (33,437) $ 7,913  
Interest rate swaps | Interest Expense          
Effect of interest rate derivatives on consolidated statements of operations and comprehensive income          
Amount of Gain Reclassified from AOCL into Interest Expense on Statement of Operations 307 $ 207 1,434 $ 9  
Interest rate swaps | Prepaid expenses and other assets, net          
Fair value of interest rate derivatives and balance sheet classification          
Interest rate swaps designated as cash flow hedges 32   32   $ 5,617
Interest rate swaps | Interest rate derivatives (liabilities)          
Fair value of interest rate derivatives and balance sheet classification          
Interest rate swaps designated as cash flow hedges (34,825)   (34,825)   (5,459)
Designated          
Fair values of interest rate swap derivatives          
Fair value of interest rate swaps (34,793)   (34,793)   158
Designated | Interest rate swaps          
Effect of interest rate derivatives on consolidated statements of operations and comprehensive income          
Approximate amount to be reclassified from AOCL to interest expense over the next 12 months 612   612    
Fair value of derivative liability 34,900   34,900    
Settlement amount of derivative obligation at termination value 34,900   34,900    
Designated | Interest rate swap, effective date September 1, 2015, swap two          
Fair values of interest rate swap derivatives          
Notional Amount $ 100,000   $ 100,000    
Fixed rate (as a percent) 1.73%   1.73%    
Fair value of interest rate swaps $ 0   $ 0   472
Designated | Interest rate swap, effective October 13, 2015          
Fair values of interest rate swap derivatives          
Notional Amount $ 12,538   $ 12,538    
Fixed rate (as a percent) 1.39%   1.39%    
Fair value of interest rate swaps $ 32   $ 32   239
Notional amount of interest rate derivatives after scheduled amortization 12,100   12,100    
Designated | Interest rate swap, effective September 1, 2016, swap one          
Fair values of interest rate swap derivatives          
Notional Amount $ 100,000   $ 100,000    
Fixed rate (as a percent) 1.9013%   1.9013%    
Fair value of interest rate swaps $ (1,547)   $ (1,547)   1,968
Designated | Interest rate swap, effective September 1, 2016, swap two          
Fair values of interest rate swap derivatives          
Notional Amount $ 100,000   $ 100,000    
Fixed rate (as a percent) 1.905%   1.905%    
Fair value of interest rate swaps $ (1,558)   $ (1,558)   1,967
Designated | Interest rate swap, effective September 1, 2016, swap three          
Fair values of interest rate swap derivatives          
Notional Amount $ 50,000   $ 50,000    
Fixed rate (as a percent) 1.9079%   1.9079%    
Fair value of interest rate swaps $ (784)   $ (784)   971
Designated | Interest rate swap, effective August 1, 2019          
Fair values of interest rate swap derivatives          
Notional Amount $ 11,200   $ 11,200    
Fixed rate (as a percent) 1.678%   1.678%    
Fair value of interest rate swaps $ (202)   $ (202)   0
Notional amount of interest rate derivatives after scheduled amortization 10,000   10,000    
Designated | Interest rate swap, effective June 30, 2020, swap one          
Fair values of interest rate swap derivatives          
Notional Amount $ 75,000   $ 75,000    
Fixed rate (as a percent) 3.176%   3.176%    
Fair value of interest rate swaps $ (11,204)   $ (11,204)   (2,676)
Designated | Interest rate swap, effective June 30, 2020, swap two          
Fair values of interest rate swap derivatives          
Notional Amount $ 75,000   $ 75,000    
Fixed rate (as a percent) 3.192%   3.192%    
Fair value of interest rate swaps $ (11,315)   $ (11,315)   (2,783)
Designated | Interest rate swap, effective June 30, 2020, swap three          
Fair values of interest rate swap derivatives          
Notional Amount $ 75,000   $ 75,000    
Fixed rate (as a percent) 2.744%   2.744%    
Fair value of interest rate swaps $ (8,215)   $ (8,215)   $ 0