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Indebtedness (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Fair Value, Liabilities Measured on a Recurring Basis, Disclosure Only The following table summarizes the book value and changes in the fair value of our debt (in thousands):
Book Value at 12/31/2020Book Value at 3/31/2021Fair Value at 12/31/2020Issuances and
Assumptions
Payments/PayoffsAdjustments
to Fair Value
Fair Value at 3/31/2021
Fixed rate secured debt$62,817 $61,740 $65,848 $— $(1,007)$(1,850)$62,991 
Variable rate secured debt1,600 1,600 1,600 — — — 1,600 
Unsecured debt3,058,740 3,508,740 3,387,913 490,226 (40,226)(214,587)3,623,326 
Unsecured line of credit295,000 — 295,000 — (295,000)— — 
Total$3,418,157 $3,572,080 $3,750,361 $490,226 $(336,233)$(216,437)$3,687,917 
Less: Deferred financing costs33,106 39,189 
Total indebtedness as reported on the consolidated balance sheets$3,385,051 $3,532,891 
Unsecured Line of Credit
Our unsecured line of credit at March 31, 2021 is described as follows (in thousands):
DescriptionBorrowing
Capacity
Maturity DateOutstanding Balance at March 31, 2021
Unsecured Line of Credit - Partnership$1,200,000 March 31, 2025$—