Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2023

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, 2023
Derivative financial instruments designated as effective hedges:
Classified as assets in "Other assets, net"	$	69,499		—	$	69,499		—
Derivative financial instruments designated as ineffective hedges:
Classified as assets in "Other assets, net"		9,922		—		9,922		—
Classified as liabilities in "Other liabilities, net"		9,242		—		9,242		—
December 31, 2022
Derivative financial instruments designated as effective hedges:
Classified as assets in "Other assets, net"	$	53,515		—	$	53,515		—
Derivative financial instruments designated as ineffective hedges:
Classified as assets in "Other assets, net"		8,107		—		8,107		—

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

	September 30, 2023				December 31, 2022
	Carrying				Carrying
	Amount (1)		Fair Value		Amount (1)		Fair Value
	(In thousands)
Financial liabilities:
Mortgage loans	$	1,741,410	$	1,655,832	$	1,901,875	$	1,830,651
Revolving credit facility		92,000		92,107		—		—
Term loans		720,000		714,987		550,000		551,369

(1) The carrying amount consists of principal only.