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Fair Value Of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2020
Fair Value Disclosures [Abstract]  
Summary of carrying amount and fair value of financial instruments A summary of the carrying amount and fair value of our mortgages payable, notes payable and senior notes and debentures is as follows:

 
March 31, 2020
 
December 31, 2019
Carrying
Value
 
Fair Value
 
Carrying
Value
 
Fair Value
(In thousands)
Mortgages and notes payable
$
1,546,565

 
$
1,543,402

 
$
549,460

 
$
562,049

Senior notes and debentures
$
2,807,848

 
$
2,968,904

 
$
2,807,134

 
$
3,001,216


Summary of financial (liabilities) assets that are measured at fair value on a recurring basis A summary of our financial (liabilities) assets that are measured at fair value on a recurring basis, by level within the fair value hierarchy is as follows:
 
March 31, 2020
 
December 31, 2019
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(In thousands)
Interest rate swaps
$

 
$
(5,555
)
 
$

 
$
(5,555
)
 
$

 
$
130

 
$

 
$
130