Annual report pursuant to Section 13 and 15(d)

Derivatives - Summary of Outstanding Swaps (Details)

v3.3.1.900
Derivatives - Summary of Outstanding Swaps (Details)
12 Months Ended
Dec. 31, 2015
USD ($)
1.884 % interest rate swaps  
Derivative [Line Items]  
Notional $ 529,375,000
Fixed Rate Paid 1.884% [1]
Variable interest rate base floor 1.00%
Variable interest rate base 3 mo.USD-LIBOR-BBA [1]
1.384 % interest rate swaps  
Derivative [Line Items]  
Notional $ 140,287,500
Fixed Rate Paid 1.384% [1]
Variable interest rate base floor 1.00%
Variable interest rate base 3 mo.USD-LIBOR-BBA [1]
1.959 % interest rate swaps  
Derivative [Line Items]  
Notional $ 109,673,367
Fixed Rate Paid 1.959%
Variable interest rate base floor 1.00%
Variable interest rate base 3 mo.USD-LIBOR-BBA
1.850 % interest rate swaps  
Derivative [Line Items]  
Notional $ 109,673,367
Fixed Rate Paid 1.85%
Variable interest rate base floor 1.00%
Variable interest rate base 3 mo.USD-LIBOR-BBA
2.924 % interest rate swaps  
Derivative [Line Items]  
Notional $ 191,475,002
Fixed Rate Paid 2.924%
Variable interest rate base floor 1.00%
Variable interest rate base 3 mo.USD-LIBOR-BBA
2.810 % interest rate swaps  
Derivative [Line Items]  
Notional $ 250,000,000
Fixed Rate Paid 2.81%
Variable interest rate base floor 1.00%
Variable interest rate base 3 mo.USD-LIBOR-BBA
2.504 % interest rate swaps  
Derivative [Line Items]  
Notional $ 50,000,000
Fixed Rate Paid 2.504%
Variable interest rate base floor 1.00%
Variable interest rate base 3 mo.USD-LIBOR-BBA
[1] On March 25, 2013, the Company negotiated amendments to the terms of these interest rate swap agreements, which were entered into in March 2012 (the "Existing Swap Agreements") (as amended, the “Amended Swaps”). The Amended Swaps are held with the same counterparties as the Existing Swap Agreements. Upon entering into the Amended Swaps, the Company simultaneously dedesignated the Existing Swap Agreements and redesignated the Amended Swaps as cash flow hedges for the underlying change in the swap terms. The amounts previously recognized in accumulated other comprehensive (loss) relating to the dedesignation are recognized in Interest expense over the remaining life of the Amended Swaps.