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Indebtedness (Tables)
6 Months Ended
Jun. 30, 2021
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 12/31/2020Book Value at 6/30/2021Fair Value at 12/31/2020Issuances and
Assumptions
Payments/PayoffsAdjustments
to Fair Value
Fair Value at 6/30/2021
Fixed rate secured debt$62,817 $60,649 $65,848 $— $(2,028)$(915)$62,905 
Variable rate secured debt1,600 1,600 1,600 — — — 1,600 
Unsecured debt3,058,740 3,425,000 3,387,913 490,226 (123,966)(147,038)3,607,135 
Unsecured line of credit295,000 265,000 295,000 — (30,000)— 265,000 
Total$3,418,157 $3,752,249 $3,750,361 $490,226 $(155,994)$(147,953)$3,936,640 
Less: Deferred financing costs33,106 38,097 
Total indebtedness as reported on the consolidated balance sheets$3,385,051 $3,714,152 
Unsecured Line of Credit
Our unsecured line of credit at June 30, 2021 is described as follows (in thousands):
DescriptionBorrowing
Capacity
Maturity DateOutstanding Balance at June 30, 2021
Unsecured Line of Credit - Partnership$1,200,000 March 31, 2025$265,000