Fair Value Measurements and Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2020

Fair Value Measurements and Derivative Instruments [Abstract]

Schedule of Interest Rate Swaps and Caps

Associated debt	Type	Terms	Effective Date	Maturity Date		Notional amount at March 31, 2020		Notional amount at December 31, 2019
Wells Fargo	Swap	Swaps 30-day LIBOR for fixed rate of 2.053%	11/2017	11/2022	$	25,499 (1)	$	25,612 (1)
Credit facility	Cap	Caps 30-day LIBOR at 3.35%	4/1/2019	10/2020	$	30,000	$	30,000

(1) Notional amount amortizes consistently with the principal amortization of the associated loan.

Schedule of Fair Value Assets and (Liabilities) Carried at Fair Value and Measured on Recurring Basis

	Fair value at
	March 31, 2020		Level 1		Level 2		Level 3
Interest rate derivatives	$	(1,143)	$	-	$	(1,143)	$	-
Series E Preferred embedded redemption option		-		-		-		-
Convertible debt		(1,040)		-		-		(1,040)
Total	$	(2,183)	$	-	$	(1,143)	$	(1,040)

	Fair value at
	December 31, 2019		Level 1		Level 2		Level 3
Interest rate derivatives	$	(366)	$	-	$	(366)	$	-
Series E Preferred embedded redemption option		22		-		-		22
Convertible debt		(1,080)		-		-		(1,080)
Total	$	(1,424)	$	-	$	(366)	$	(1,058)

Reconciliation of Items Measured at Fair Value on a Recurring Basis

	Three months ended March 31,
	2020						2019
	Series E Preferred embedded redemption option		Convertible debt		Total		Series E Preferred embedded redemption option		Convertible debt		Total
Fair value, beginning of period	$	22	$	(1,080)	$	(1,058)	$	289	$	(1,000)	$	(711)
Net gains (losses) recognized in earnings		(22)		40		18		67		(48)		19
Fair value, end of period	$	-	$	(1,040)	$	(1,040)	$	356	$	(1,048)	$	(692)
Total unrealized gains (losses) during the period included in earnings related to instruments held at end of period	$	(22)	$	40	$	18	$	67	$	(48)	$	19

Schedule of Carrying Value and Estimated Fair Value of Long-Term Debt

	Carrying value as of				Estimated fair value as of
	March 31, 2020		December 31, 2019		March 31, 2020		December 31, 2019
Total	$	176,725	$	134,001	$	178,643	$	134,288