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Indebtedness (Tables)
6 Months Ended
Jun. 30, 2019
Debt Disclosure [Abstract]  
Fair Value, Liabilities Measured on a Recurring Basis, Disclosure Only The following table summarizes the book value and changes in the fair value of our debt (in thousands):
 
Book Value at 12/31/2018
 
Book Value at 6/30/2019
 
Fair Value at 12/31/2018
 
Issuances and
Assumptions
 
Payments/Payoffs
 
Adjustments
to Fair Value
 
Fair Value at 6/30/2019
Fixed rate secured debt
$
77,601

 
$
34,042

 
$
80,238

 
$

 
$
(43,502
)
 
$
(268
)
 
$
36,468

Variable rate secured debt
2,200

 
2,200

 
2,200

 

 

 

 
2,200

Unsecured debt
2,575,000

 
2,575,000

 
2,549,963

 

 

 
133,712

 
2,683,675

Unsecured line of credit
30,000

 
252,000

 
30,000

 
222,000

 

 

 
252,000

Total
$
2,684,801

 
$
2,863,242

 
$
2,662,401

 
$
222,000

 
$
(43,502
)
 
$
133,444

 
$
2,974,343

Less: Deferred financing costs
26,300

 
24,267

 
 
 
 
 
 
 
 
 
 
Total indebtedness as reported on the consolidated balance sheets
$
2,658,501

 
$
2,838,975

 
 
 
 
 
 
 
 
 
 

Unsecured Line of Credit
Our unsecured line of credit at June 30, 2019 is described as follows (in thousands):
Description
Borrowing
Capacity
 
Maturity Date
 
Outstanding Balance at June 30, 2019
Unsecured Line of Credit - Partnership
$
1,200,000

 
January 30, 2022
 
$
252,000