Indebtedness (Tables)

3 Months Ended

Mar. 31, 2020

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 12/31/2019		Book Value at 3/31/2020		Fair Value at 12/31/2019		Issuances and Assumptions		Payments/Payoffs			Adjustments to Fair Value			Fair Value at 3/31/2020
Fixed rate secured debt	$	32,287	$	49,789	$	34,547	$	18,400	$	(876	)	$	(10,090	)	$	41,981
Variable rate secured debt	1,900		1,900		1,900		—		—			—			1,900
Unsecured debt	2,900,000		2,925,000		3,045,485		325,000		(300,000		)	(184,670		)	2,885,815
Unsecured line of credit	—		200,000		—		200,000		—			—			200,000
Total	$	2,934,187	$	3,176,689	$	3,081,932	$	543,400	$	(300,876	)	$	(194,760	)	$	3,129,696
Less: Deferred financing costs	19,422		30,078
Total indebtedness as reported on the consolidated balance sheets	$	2,914,765	$	3,146,611

Unsecured Line of Credit

Our unsecured line of credit at March 31, 2020 is described as follows (in thousands):

Description	Borrowing Capacity		Maturity Date	Outstanding Balance at March 31, 2020
Unsecured Line of Credit - Partnership	$	1,200,000	January 30, 2022	$	200,000