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Fair value measurements (Tables)
9 Months Ended
Sep. 30, 2014
Fair Value Disclosures [Abstract]  
Schedule of fair value of assets and liabilities measured at fair value on a recurring basis by level within the fair value hierarchy
The following tables set forth the assets and liabilities that we measure at fair value on a recurring basis by level within the fair value hierarchy as of September 30, 2014, and December 31, 2013 (in thousands):
 
 
 
 
September 30, 2014
Description
 
Total
 
Quoted Prices in
Active Markets
for Identical
Assets
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
Assets:
 
 
 
 
 
 
 
 
“Available-for-sale” securities
 
$
30,817

 
$
30,817

 
$

 
$

Interest rate swap agreements
 
$
958

 
$

 
$
958

 
$

Liabilities:
 
 
 
 
 
 
 
 
Interest rate swap agreements
 
$
1,245

 
$

 
$
1,245

 
$

 
 
 
 
December 31, 2013
Description
 
Total
 
Quoted Prices in
Active Markets
for Identical
Assets
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
Assets:
 
 
 
 
 
 
 
 
“Available-for-sale” securities
 
$
4,469

 
$
4,469

 
$

 
$

Interest rate swap agreements
 
$
2,870

 
$

 
$
2,870

 
$

Liabilities:
 
 
 
 
 
 
 
 
Interest rate swap agreements
 
$
6,191

 
$

 
$
6,191

 
$

Schedule of the book and fair values of our marketable securities, interest rate swap agreements, secured notes payable, unsecured senior notes payable, unsecured senior line of credit, and unsecured senior bank term loan
As of September 30, 2014, and December 31, 2013, the book and fair values of our “available-for-sale” marketable equity securities, interest rate swap agreements, secured notes payable, unsecured senior notes payable, unsecured senior line of credit, and unsecured senior bank term loans were as follows (in thousands):
 
September 30, 2014
 
December 31, 2013
 
Book Value
 
Fair Value
 
Book Value
 
Fair Value
Assets:
 
 
 
 
 
 
 
“Available-for-sale” marketable equity securities
$
30,817

 
$
30,817

 
$
4,469

 
$
4,469

Interest rate swap agreements
$
958

 
$
958

 
$
2,870

 
$
2,870

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Interest rate swap agreements
$
1,245

 
$
1,245

 
$
6,191

 
$
6,191

Secured notes payable
$
636,825

 
$
686,388

 
$
708,831

 
$
736,772

Unsecured senior notes payable
$
1,747,290

 
$
1,775,990

 
$
1,048,230

 
$
1,043,125

Unsecured senior line of credit
$
142,000

 
$
141,881

 
$
204,000

 
$
193,714

Unsecured senior bank term loans
$
975,000

 
$
974,424

 
$
1,100,000

 
$
1,099,897