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Fair Value Disclosures (Tables)
 6 Months Ended
Jun. 30, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
For assets and liabilities measured at fair value on a recurring basis, quantitative disclosure of the fair value for each major category of assets and liabilities is presented below:
 
 
Fair Value Measurements as of June 30, 2020 Using
 
Fair Value Measurements as of
December 31, 2019 Using
Description
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
Insurance deposit
 
$
11,301

 
 

 
$
11,213

 
 

Total assets
 
$
11,301


$
—

 
$
11,213

 
$
—

 
 
 
 
 
 
 
 
 
Derivative interest rate contracts (Note 7)
 
 

 
$
(30,043
)
 
 

 
$
(15,419
)
Total liabilities
 
 

 
$
(30,043
)
 
 

 
$
(15,419
)
Estimated fair value of notes payable
The estimated fair values of notes payable at June 30, 2020 and December 31, 2019 were as follows:
 
2020
 
2019
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Notes payable, net
$
3,900,937

 
$
4,125,455

 
$
3,710,327

 
$
3,753,531