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Indebtedness (Tables)
9 Months Ended
Sep. 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 9/30/2021Fair Value at 12/31/2020Issuances and
Assumptions
Payments/PayoffsAdjustments
to Fair Value
Fair Value at 9/30/2021
Fixed rate secured debt$62,817 $59,543 $65,848 $— $(3,063)$(1,376)$61,409 
Variable rate secured debt1,600 1,300 1,600 — (300)— 1,300 
Unsecured debt3,058,740 3,175,000 3,387,913 490,226 (373,966)(183,038)3,321,135 
Unsecured line of credit295,000 156,000 295,000 — (139,000)— 156,000 
Total$3,418,157 $3,391,843 $3,750,361 $490,226 $(516,329)$(184,414)$3,539,844 
Less: Deferred financing costs33,106 36,388 
Total indebtedness as reported on the consolidated balance sheets$3,385,051 $3,355,455 
Unsecured Line of Credit
Our unsecured line of credit at September 30, 2021 is described as follows (in thousands):
DescriptionBorrowing
Capacity
Maturity DateOutstanding Balance at September 30, 2021
Unsecured Line of Credit - Partnership$1,200,000 March 31, 2025$156,000