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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Financial Assets Measured at Fair Value The following table summarizes the fair value of our financial assets that are measured at fair value on our consolidated balance sheets as of the dates set forth below, based on their levels in the fair value hierarchy.

 

 

As of June 30, 2020

 

(Amounts in thousands)

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Marketable securities (included in "other assets")

$

11,275

 

 

$

11,275

 

 

$

-

 

 

$

-

 

Total assets

$

11,275

 

 

$

11,275

 

 

$

-

 

 

$

-

 

 

 

As of December 31, 2019

 

(Amounts in thousands)

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Marketable securities (included in "other assets")

$

21,639

 

 

$

21,639

 

 

$

-

 

 

$

-

 

Total assets

$

21,639

 

 

$

21,639

 

 

$

-

 

 

$

-

 

Summary of Carrying Amounts and Fair Value of Financial Instruments The following table summarizes the carrying amounts and fair value of these financial instruments as of the dates set forth below.

 

 

As of June 30, 2020

 

 

As of December 31, 2019

 

(Amounts in thousands)

Carrying Amount

 

 

Fair Value

 

 

Carrying Amount

 

 

Fair Value

 

Notes and mortgages payable

$

3,812,716

 

 

$

3,868,933

 

 

$

3,809,643

 

 

$

3,848,266

 

Revolving credit facility

 

200,000

 

 

 

200,007

 

 

 

36,918

 

 

 

36,919

 

Total liabilities

$

4,012,716

 

 

$

4,068,940

 

 

$

3,846,561

 

 

$

3,885,185