Fair Values of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2018

Fair Value Disclosures [Abstract]

Carrying amounts and fair values of financial instruments

As of December 31, 2018 and 2017, the carrying amounts and fair values of our financial instruments were as follows:

	2018				2017
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
	(In thousands)
Assets:
Cash and cash equivalents	$	72,277	$	72,277	$	81,355	$	81,355
Secured mortgage loans and other, net	439,491		425,290		1,291,694		1,286,322
Non-mortgage loans receivable, net	54,164		54,081		59,857		58,849
Senior unsecured notes	206,442		206,442		—		—
Government-sponsored pooled loan investments, net	56,378		56,378		54,665		54,665
Derivative instruments	6,012		6,012		7,248		7,248
Liabilities:
Senior notes payable and other debt, gross	10,829,702		10,617,074		11,365,633		11,600,750
Derivative instruments	4,561		4,561		5,435		5,435
Redeemable OP Unitholder Interests	174,552		174,552		146,252		146,252