Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value Measurements

Summary of assets and liabilities measured at fair value on a recurring basis

	Fair Value Measurements
	Total		Level 1		Level 2		Level 3
	(In thousands)
September 30, 2022
Derivative financial instruments designated as effective hedges:
Classified as assets in "Other assets, net"	$	52,618		—	$	52,618		—
Derivative financial instruments designated as ineffective hedges:
Classified as assets in "Other assets, net"		9,437		—		9,437		—
December 31, 2021
Derivative financial instruments designated as effective hedges:
Classified as assets in "Other assets, net"	$	393		—	$	393		—
Classified as liabilities in "Other liabilities, net"		18,361		—		18,361		—
Derivative financial instruments designated as ineffective hedges:
Classified as assets in "Other assets, net"		558		—		558		—

Schedule of financial instruments and liabilities were reflected in our balance sheets

	September 30, 2022				December 31, 2021
	Carrying				Carrying
	Amount (1)		Fair Value		Amount (1)		Fair Value
	(In thousands)
Financial liabilities:
Mortgages payable	$	1,753,948	$	1,650,983	$	1,788,259	$	1,814,780
Revolving credit facility		100,000		100,030		300,000		300,363
Unsecured term loans		550,000		550,816		400,000		400,519

(1) The carrying amount consists of principal only.