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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
3 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Carrying amounts and fair value of financial instruments
The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments in accordance with ASC 820 at March 31, 2024 and December 31, 2023.
 March 31, 2024December 31, 2023
 
Carrying Amount (1)
Fair Value
Carrying Amount (1)
Fair Value
 (In thousands)
Financial Assets:    
Cash and cash equivalents$15,625 15,625 40,263 40,263 
   Interest rate swap assets                             31,005 31,005 27,366 27,366 
Financial Liabilities:    
Unsecured debt (2)
1,680,000 1,572,339 1,680,000 1,548,655 
   Interest rate swap liabilities                                     223 223 2,478 2,478 
(1) Carrying amounts shown in the table are included on the Consolidated Balance Sheets under the indicated captions, except as explained below.
(2) Carrying amounts and fair values shown in the table exclude debt issuance costs (see Note 10 for additional information).