Quarterly report pursuant to Section 13 or 15(d)

Fair Value Disclosures (Tables)

v3.10.0.1
Fair Value Disclosures (Tables)
9 Months Ended
Sep. 30, 2018
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value
The fair values of these assets and liabilities at September 30, 2018 and December 31, 2017 were as follows (in thousands):
 
September 30, 2018
 
December 31, 2017
 
Fair
Value
 
Level 1
 
Level 2
 
Level 3
 
Fair
Value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SERP
$
1,364

 
$

 
$
1,364

 
$

 
$
1,858

 
$

 
$
1,858

 
$

Interest rate swaps
17,181

 

 
17,181

 

 
9,419

 

 
9,419

 

Financial Assets and Liabilities Not Measured at Fair Value
As of September 30, 2018 and December 31, 2017, the carrying values and estimated fair values of our financial instruments were as follows (in thousands):
 
September 30, 2018
 
December 31, 2017
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Cash and cash equivalents
$
4,810

 
$
4,810

 
$
9,847

 
$
9,847

Restricted cash
1,352

 
1,352

 
2,776

 
2,776

Mortgage notes payable, net
60,541

 
60,482

 
95,141

 
97,181

Line of credit
183,000

 
183,000

 
166,000

 
166,000

Notes payable, net
995,130

 
1,014,067

 
894,358

 
931,377