Annual report pursuant to Section 13 and 15(d)

Interest Rate Derivatives (Details)

v2.4.0.6
Interest Rate Derivatives (Details) (USD $)
12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2011
Interest rate swaps
Dec. 31, 2010
Interest rate swaps
Dec. 31, 2009
Interest rate swaps
Dec. 31, 2011
Designated
Interest rate swap, effective date January 3, 2011
Dec. 31, 2010
Designated
Interest rate swap, effective date January 3, 2011
Dec. 31, 2011
Designated
Interest rate swap two, effective date January 3, 2011
Dec. 31, 2010
Designated
Interest rate swap two, effective date January 3, 2011
Dec. 31, 2011
Designated
Interest rate swap, effective date January 4, 2011
Dec. 31, 2010
Designated
Interest rate swap, effective date January 4, 2011
Dec. 31, 2011
Designated
Interest rate swap, effective date January 2, 2009
Dec. 31, 2010
Designated
Interest rate swap, effective date January 2, 2009
Dec. 31, 2011
Designated
Interest rate swap, effective date January 1, 2010
Dec. 31, 2010
Designated
Interest rate swap, effective date January 1, 2010
Dec. 31, 2011
Designated
Interest rate swap, effective date November 2, 2010
Dec. 31, 2010
Designated
Interest rate swap, effective date November 2, 2010
Dec. 31, 2011
Designated
Interest rate swap, effective date January 3, 2012
Dec. 31, 2011
Designated
Interest rate swap one, effective date January 3, 2012
Dec. 31, 2011
Designated
Interest rate swap two, effective date January 3, 2012
Dec. 31, 2011
Designated
Interest rate swap three, effective date January 3, 2012
Dec. 31, 2011
Not-designated
Interest rate swap, effective date September 30, 2011
Jan. 31, 2012
Not-designated
Forward starting swaps entered into on April 5, 2011 and December 22, 2011
Dec. 31, 2011
Not-designated
Forward starting swaps entered into on April 5, 2011 and December 22, 2011
Dec. 31, 2011
Not-designated
Interest rate swap two, effective date September 30, 2011
Dec. 31, 2011
Not-designated
Interest rate swap, effective date December 30, 2011
Dec. 31, 2011
Not-designated
Interest rate swap two, effective date December 30, 2011
Apr. 30, 2011
Not-designated
Interest rate swaps, effective date September 30, 2011
Dec. 31, 2011
Not-designated
Interest rate swaps, effective date September 30, 2011
Y
Apr. 05, 2011
Not-designated
Interest rate swaps, effective date September 30, 2011
swap
Dec. 31, 2011
Not-designated
Interest rate swaps, effective date December 30, 2011
Dec. 22, 2011
Not-designated
Interest rate swaps, effective date December 30, 2011
swap
Fair values of interest rate swap derivatives                                                                  
Notional Amount             $ 50,000,000   $ 50,000,000   $ 50,000,000   $ 120,000,000   $ 100,000,000   $ 39,213,000   $ 100,000,000 $ 100,000,000 $ 100,000,000 $ 100,000,000                 $ 175,000,000   $ 175,000,000
Notional Amount                                             100,000,000     75,000,000 100,000,000 75,000,000          
Fixed rate (as a percent)             0.5025%   0.5025%   0.44%   1.76%   1.975%   3.83%   0.6123% 0.61% 0.832% 0.832% 3.8415%     3.845% 2.0525% 2.0525%          
Floating rate index             One-Month LIBOR   One-Month LIBOR   One-Month LIBOR   One-Month LIBOR   One-Month LIBOR   One-Month LIBOR   One-Month LIBOR One-Month LIBOR One-Month LIBOR One-Month LIBOR Three-Month LIBOR     Three-Month LIBOR Three-Month LIBOR-Reverse Three-Month LIBOR-Reverse Three-Month LIBOR     Reverse three-month LIBOR  
Fair value of interest rate swaps (30,147,000) (3,582,000)         (1,000) (64,000) (1,000) (64,000)   (34,000) (552,000) (2,062,000) (532,000) (2,002,000) (1,054,000) 644,000 55,000 56,000 (66,000) (49,000) (16,333,000)     (12,275,000) 345,000 260,000          
Notional amount of interest rate derivatives after scheduled amortization                                 36,200,000                                
Cash settlement of the forward starting swaps and interest accrued thereon                                               29,700,000                  
Number of swaps                                                             2   2
Term of fixed-rate borrowings associated with interest rate derivative (in years)                                                           10      
Loss on interest rate derivatives (28,430,000)     (28,430,000)                                                          
Loss on interest rate derivatives 29,805,000                                               29,800,000                
Effect of interest rate derivatives on consolidated statements of operations and comprehensive income                                                                  
Amount of loss recognized in AOCL (effective portion) (31,531,000) (5,473,000) (3,253,000) (31,531,000) (5,473,000) (3,253,000)                                                      
Amount of loss reclassified from AOCL into interest expense (effective portion) (4,601,000) (3,689,000) (6,680,000) (4,601,000) (3,689,000) (6,680,000)                                                      
Amount of loss reclassified from AOCL to loss on interest rate derivatives upon discontinuing hedge accounting 28,430,000     28,430,000                                                          
Loss on interest rate derivatives       (1,375,000)                                                          
Amount of loss recognized in interest expense (ineffective portion and amount excluded from effectiveness testing)           (261,000)                                                      
Fair value of interest rate derivatives and balance sheet classification                                                                  
Fair value of interest rate swaps classified as prepaid expenses and other assets       111,000 644,000                                                        
Fair value of Interest rate swaps classified as interest rate derivatives       (2,255,000) (4,226,000)                                                        
Fair value of interest rate swaps not designated as hedge classified as prepaid expenses and other assets       605,000                                                          
Fair value of interest rate swaps not designated as hedge classified as interest rate derivatives       (28,608,000)                                                          
Approximate amount to be reclassified from AOCL to interest expense over the next 12 months       2,400,000                                                          
Interest rate derivatives in liability position, fair value       30,900,000                                                          
Termination value to settle obligations under interest rate derivative agreements       $ 33,300,000