Quarterly report pursuant to Section 13 or 15(d)

Fair Value Disclosures (Tables)

v3.8.0.1
Fair Value Disclosures (Tables)
3 Months Ended
Mar. 31, 2018
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value
The fair values of these assets and liabilities at March 31, 2018 and December 31, 2017 were as follows (in thousands):
 
March 31, 2018
 
December 31, 2017
 
Fair
Value
 
Level 1
 
Level 2
 
Level 3
 
Fair
Value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SERP
$
1,945

 
$

 
$
1,945

 
$

 
$
1,858

 
$

 
$
1,858

 
$

Interest rate swaps
13,616

 

 
13,616

 

 
9,419

 

 
9,419

 

Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
$
132

 
$

 
$
132

 
$

 
$

 
$

 
$

 
$

Financial Assets and Liabilities Not Measured at Fair Value
As of March 31, 2018 and December 31, 2017, the carrying values and estimated fair values of our financial instruments were as follows (in thousands):
 
March 31, 2018
 
December 31, 2017
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Cash and cash equivalents
$
11,510

 
$
11,510

 
$
9,847

 
$
9,847

Restricted cash
2,469

 
2,469

 
2,776

 
2,776

Mortgage notes payable, net
93,991

 
95,211

 
95,141

 
97,181

Lines of credit
260,000

 
260,000

 
166,000

 
166,000

Notes payable, net
994,425

 
1,024,763

 
894,358

 
931,377