Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2022

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, 2022
(Amounts in thousands)	Total		Level 1		Level 2		Level 3
Interest rate swap assets (included in "other assets")	$	22,760	$	-	$	22,760	$	-
Interest rate cap assets (included in "other assets")		2,782		-		2,782		-
Total assets	$	25,542	$	-	$	25,542	$	-

	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	$	-

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, 2022				As of December 31, 2021
(Amounts in thousands)	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Notes and mortgages payable	$	3,858,000	$	3,776,544	$	3,858,000	$	3,893,252
Revolving credit facility		-		-		-		-
Total liabilities	$	3,858,000	$	3,776,544	$	3,858,000	$	3,893,252