Quarterly report pursuant to Section 13 or 15(d)

Fair Value Disclosures (Tables)

v3.7.0.1
Fair Value Disclosures (Tables)
6 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value
The fair values of these assets and liabilities at June 30, 2017 and December 31, 2016 were as follows (in thousands):
 
June 30, 2017
 
December 31, 2016
 
Fair
Value
 
Level 1
 
Level 2
 
Level 3
 
Fair
Value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SERP
$
1,593

 
$

 
$
1,593

 
$

 
$
1,407

 
$

 
$
1,407

 
$

Interest rate swaps
$
6,857

 
$

 
$
6,857

 
$

 
$
7,611

 
$

 
$
7,611

 
$

Financial Assets and Liabilities Not Measured at Fair Value
As of June 30, 2017 and December 31, 2016, the carrying values and estimated fair values of our financial instruments were as follows (in thousands):
 
June 30, 2017
 
December 31, 2016
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Cash and cash equivalents
$
13,237

 
$
13,237

 
$
11,305

 
$
11,305

Restricted cash
1,506

 
1,506

 
6,317

 
6,317

2445 M Street note receivable
2,096

 
2,324

 
2,089

 
2,173

Mortgage notes payable, net
96,934

 
100,130

 
148,540

 
149,997

Lines of credit
228,000

 
228,000

 
120,000

 
120,000

Notes payable, net
893,763

 
925,915

 
843,084

 
873,516