Annual report pursuant to Section 13 and 15(d)

Fair Value Disclosures (Tables)

v3.19.3.a.u2
Fair Value Disclosures (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Financial Assets And Liabilities Measured At Fair Value
The fair values of these assets and liabilities at December 31, 2019 and 2018 were as follows (in thousands):
 
December 31, 2019
 
December 31, 2018
 
Fair Value
 
Quoted Prices in Active Markets for Identical Assets (Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
 
Fair Value
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SERP
$
1,792

 
$

 
$
1,792

 
$

 
$
1,364

 
$

 
$
1,364

 
$

Interest rate swaps
5,549

 

 
5,549

 

 
10,638

 

 
10,638

 

Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
(3,726
)
 

 
(3,726
)
 

 
(799
)
 

 
(799
)
 


Schedule of Carrying Value and Estimated Fair Value of Financial Instruments
As of December 31, 2019 and 2018, the carrying values and estimated fair values of our financial instruments were as follows (in thousands):
 
December 31,
 
2019
 
2018
 
Carrying
Value
 
Fair Value
 
Carrying
Value
 
Fair Value
Cash and cash equivalents
$
12,939

 
$
12,939

 
$
6,016

 
$
6,016

Restricted cash
1,812

 
1,812

 
1,624

 
1,624

Mortgage notes payable
47,074

 
47,899

 
48,277

 
48,368

Line of credit payable
56,000

 
56,000

 
188,000

 
188,000

Notes payable
996,722

 
1,022,937

 
995,397

 
1,015,210