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FAIR VALUE DISCLOSURES (Tables)
12 Months Ended
Dec. 31, 2021
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Fixed-Rate Debt The fair value of our fixed-rate debt is derived from quoted market prices by independent dealers (Level 2 inputs as per the discussion above) and is as follows (in thousands):    
At December 31,
 20212020
 Aggregate
Principal
Estimated  Fair
Value
Aggregate
Principal
Estimated  Fair
Value
7.00% senior notes
$— $— $300,000 $319,758 
6.00% senior notes
$400,000 $446,520 $400,000 $451,913 
5.125% senior notes
$300,000 $329,640 $300,000 $333,328 
3.875% senior notes
$450,000 $472,500 $— $— 
Schedule of Real Estate Assets Measured at Fair Value Our Real estate assets measured at fair value are as follows (in thousands):
Year Ended December 31,
 20212020
Description:
Initial basis of long-lived real estate assets$7,369 $71,769 
Impairments$2,115 $24,852 
Adjusted basis of long-lived real estate assets$5,254 $46,917