Subsequent Events
12 Months Ended
Dec. 31, 2016
Subsequent Events [Abstract]  
Subsequent Events
Subsequent Events

Mortgage Loan Repayments

In January 2017, our jointly owned Hellweg 2 equity investment repaid non-recourse mortgage loans with an aggregate principal balance of approximately $243.8 million, of which our interest was $89.0 million (amounts are based on the exchange rate of the euro as of the date of repayment).

On February 1, 2017, we refinanced a non-recourse mortgage loan of $92.4 million, which was scheduled to mature on that date, with a new loan of $105.0 million that has an interest rate of LIBOR plus 1.8% and is scheduled to mature in February 2020.

On February 27, 2017, we drew down $33.8 million from our Senior Credit Facility (Note 10) (amount is based on the exchange rate of the euro on the date of draw). On February 28, 2017, we used the aforementioned funds to repay two non-recourse mortgage loans totaling $42.9 million, both of which were scheduled to mature in the first quarter of 2017 (amount is based on the exchange rate of the euro as of the date of repayment).