Fair Value Measurements (Tables)

12 Months Ended

Dec. 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 December 31, 2021
(Amounts in thousands)	Total		Level 1		Level 2		Level 3
Interest rate swap assets (included in "other assets")	$	6,691	$	-	$	6,691	$	-
Interest rate cap assets (included in "other assets")		306		-		306		-
Total assets	$	6,997	$	-	$	6,997	$	-
	As of December 31, 2020
(Amounts in thousands)	Total		Level 1		Level 2		Level 3
Marketable securities (included in "other assets") (1)	$	17,178	$	17,178	$	-	$	-
Total assets	$	17,178	$	17,178	$	-	$	-

⁽¹⁾ Represents the assets in our deferred compensation plan. In December 2021, the deferred compensation plan was terminated and the net proceeds were distributed to the plan participants.

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 December 31, 2021				As of December 31, 2020
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Notes and mortgages payable	$	3,858,000	$	3,893,252	$	3,819,434	$	3,871,644
Revolving credit facility		-		-		-		-
Total liabilities	$	3,858,000	$	3,893,252	$	3,819,434	$	3,871,644