Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2017

Fair Value Disclosures [Abstract]

Summary of Fair Value of Financial Instruments Measured on Recurring Basis Using Unobservable Inputs

A summary of the face values, carrying amounts and fair values of the Company’s financial instruments as of June 30, 2017 and December 31, 2016 using Level 2 inputs for the senior unsecured notes payable, and Level 3 inputs for all other financial instruments, is as follows (dollars in thousands):

	June 30, 2017						December 31, 2016
	Face Value		Carrying Amount		Fair Value		Face Value		Carrying Amount		Fair Value
Financial assets:
Preferred equity investments	$	4,531	$	5,192	$	5,066	$	12,031	$	13,872	$	14,289
Financial liabilities:
Senior unsecured notes payable	$	300,000	$	294,043	$	308,250	$	260,000	$	255,294	$	265,850