Indebtedness (Tables)

9 Months Ended

Sep. 30, 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 9/30/2020		Fair Value at 12/31/2019		Issuances and Assumptions		Payments/Payoffs		Adjustments to Fair Value		Fair Value at 9/30/2020
Fixed rate secured debt	$	32,287	$	73,092	$	34,547	$	43,855	$	(2,984)	$	1,776	$	77,195
Variable rate secured debt	1,900		1,600		1,900		—		(300)		—		1,600
Unsecured debt	2,900,000		3,058,740		3,045,485		675,000		(516,260)		158,947		3,363,172
Unsecured line of credit	—		47,000		—		47,000		—		—		47,000
Total	$	2,934,187	$	3,180,432	$	3,081,932	$	765,855	$	(519,544)	$	160,723	$	3,488,967
Less: Deferred financing costs	19,422		34,004
Total indebtedness as reported on the consolidated balance sheets	$	2,914,765	$	3,146,428

Unsecured Line of Credit

Our unsecured line of credit at September 30, 2020 is described as follows (in thousands):

Description	Borrowing Capacity		Maturity Date	Outstanding Balance at September 30, 2020
Unsecured Line of Credit - Partnership	$	1,200,000	January 30, 2022	$	47,000