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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2021
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 March 31, 2021

 

(Amounts in thousands)

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Marketable securities (included in "other assets")

$

25,041

 

 

$

25,041

 

 

$

-

 

 

$

-

 

Total assets

$

25,041

 

 

$

25,041

 

 

$

-

 

 

$

-

 

 

 

 

As of December 31, 2020

 

(Amounts in thousands)

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Marketable securities (included in "other assets")

$

17,178

 

 

$

17,178

 

 

$

-

 

 

$

-

 

Total assets

$

17,178

 

 

$

17,178

 

 

$

-

 

 

$

-

 

 

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 March 31, 2021

 

 

As of December 31, 2020

 

(Amounts in thousands)

Carrying Amount

 

 

Fair Value

 

 

Carrying Amount

 

 

Fair Value

 

Notes and mortgages payable

$

3,831,864

 

 

$

3,879,042

 

 

$

3,819,434

 

 

$

3,871,644

 

Revolving credit facility

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

Total liabilities

$

3,831,864

 

 

$

3,879,042

 

 

$

3,819,434

 

 

$

3,871,644