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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
9 Months Ended
Sep. 30, 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 September 30, 2024 and December 31, 2023.
 September 30, 2024December 31, 2023
 
Carrying Amount (1)
Fair Value
Carrying Amount (1)
Fair Value
 (In thousands)
Financial Assets:    
Cash and cash equivalents$16,957 16,957 40,263 40,263 
   Interest rate swap assets                             17,339 17,339 27,366 27,366 
Financial Liabilities:    
Unsecured debt (2)
1,630,000 1,538,223 1,680,000 1,548,655 
   Interest rate swap liabilities                                     3,399 3,399 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).