XML 146 R39.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Fair value measurements (Tables)
12 Months Ended
Dec. 31, 2019
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 December 31, 2019 and 2018 (in thousands):
 
 
 
 
December 31, 2019
Description
 
Total
 
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Assets:
 
 
 
 
 
 
 
 
Investments in publicly traded companies
 
$
318,637

 
$
318,637

 
$

 
$

 
 
 
 
December 31, 2018
Description
 
Total
 
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Assets:
 
 
 
 
 
 
 
 
Investments in publicly traded companies
 
$
184,005

 
$
184,005

 
$

 
$

Interest rate hedge agreements
 
$
2,606

 
$

 
$
2,606

 
$

Liabilities:
 
 
 
 
 
 
 
 
Interest rate hedge agreements
 
$
768

 
$

 
$
768

 
$


Schedule of the book and fair values
As of December 31, 2019 and 2018, the book and estimated fair values of our secured notes payable, unsecured senior notes payable, unsecured senior line of credit and unsecured senior bank term loan were as follows (in thousands):
 
December 31,
 
2019
 
2018
 
Book Value
 
Fair Value
 
Book Value
 
Fair Value
Liabilities:
 
 
 
 
 
 
 
Secured notes payable
$
349,352

 
$
363,344

 
$
630,547

 
$
638,860

Unsecured senior notes payable
$
6,044,127

 
$
6,571,668

 
$
4,292,293

 
$
4,288,335

Unsecured senior line of credit
$
384,000

 
$
383,928

 
$
208,000

 
$
208,106

Unsecured senior bank term loan
$

 
$

 
$
347,415

 
$
350,240