Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2018

Fair Value Disclosures [Abstract]

Summary of Fair Value of Financial Instruments

A summary of the face values, carrying amounts and fair values of the Company’s financial instruments as of December 31, 2018 and December 31, 2017 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):

	December 31, 2018						December 31, 2017
	Face Value		Carrying Amount		Fair Value		Face Value		Carrying Amount		Fair Value
Financial assets:
Preferred equity investments	$	4,531	$	5,746	$	6,246	$	4,531	$	5,550	$	5,423
Mortgage loan receivable	12,375		12,299		12,375		12,517		12,399		12,517
Financial liabilities:
Senior unsecured notes payable	$	300,000	$	295,153	$	289,500	$	300,000	$	294,395	$	307,500