Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2020

Fair Value Disclosures [Abstract]

Fair Value, by Balance Sheet Grouping

The following table summarizes the fair value balances (in thousands):

			Fair Value Measurement at
			September 30, 2020
	Total		Level 1		Level 2		Level 3
Assets:
Deferred compensation assets (1)	$	42,498	$	—	$	42,498	$	—
	$	42,498	$	—	$	42,498	$	—
Liabilities:
Deferred compensation liabilities	$	33,829	$	—	$	33,829	$	—
5 year interest rate swap		916		—		916		—
10 year interest rate swap		2,315		—		2,315		—
	$	37,059	$	—	$	37,059	$	—

			Fair Value Measurement at
			December 31, 2019
	Total		Level 1		Level 2		Level 3
Assets:
Deferred compensation assets (1)	$	47,009	$	—	$	47,009	$	—
	$	47,009	$	—	$	47,009	$	—
Liabilities:
Deferred compensation liabilities	$	34,081	$	—	$	34,081	$	—
10 year interest rate swap		1,054		—		1,054		—
	$	35,135	$	—	$	35,135	$	—

(1) Deferred compensation assets consist of the cash surrender value of life insurance policies and are intended to assist in the funding of the deferred compensation agreements.