Quarterly report pursuant to Section 13 or 15(d)

Fair Value Disclosures (Tables)

v3.3.0.814
Fair Value Disclosures (Tables)
9 Months Ended
Sep. 30, 2015
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value
The fair values of these assets and liabilities at September 30, 2015 and December 31, 2014 were as follows (in thousands):
 
September 30, 2015
 
December 31, 2014
 
Fair
Value
 
Level 1
 
Level 2
 
Level 3
 
Fair
Value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
SERP
$
1,296

 
$

 
$
1,296

 
$

 
$
2,778

 
$

 
$
2,778

 
$

Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivatives
$
2,288

 
$

 
$
2,288

 
$

 
$

 
$

 
$

 
$

Financial Assets and Liabilities Not Measured at Fair Value
As of September 30, 2015 and December 31, 2014, the carrying values and estimated fair values of our financial instruments were as follows (in thousands):
 
September 30, 2015
 
December 31, 2014
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Cash and cash equivalents
$
21,012

 
$
21,012

 
$
15,827

 
$
15,827

Restricted cash
12,544

 
12,544

 
10,299

 
10,299

2445 M Street note
4,940

 
5,160

 
4,404

 
5,113

Mortgage notes payable
419,293

 
434,581

 
418,525

 
433,762

Lines of credit
195,000

 
195,000

 
50,000

 
50,000

Notes payable
747,540

 
781,641

 
747,208

 
782,042