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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2020
Fair Value Disclosures [Abstract]  
Assets and liabilities measured on recurring basis
The following table summarizes liabilities measured at fair value on a recurring basis (in thousands):
Fair Value at March 31, 2020Level 1Level 2Level 3Total
Interest rate swap$—  $(502) $—  $(502) 
Fair Value at December 31, 2019    
Interest rate swap$—  $(278) $—  $(278) 
Fixed-rate debt
We had fixed-rate debt outstanding as follows (in thousands):
 March 31,
2020
December 31,
2019
Fixed-rate debt on Consolidated Balance Sheets$5,738  $5,973  
Estimated fair value of fixed-rate debt6,173  6,281