Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2019

Fair Value Disclosures [Abstract]

Assets and Liabilities Carried at Fair Value Measured on Recurring Basis

The following table provides the assets and liabilities carried at fair value measured on a recurring basis:

September 30, 2019	Level 1		Level 2		Level 3		Total
Assets
Marketable equity securities	$	1,922,709	$	—	$	—	$	1,922,709
Interest rate cap derivative	—			118		—		118
Total assets at fair value	$	1,922,709	$	118	$	—	$	1,922,827
December 31, 2018	Level 1		Level 2		Level 3		Total
Assets
Marketable equity securities	$	1,567,607	$	—	$	—	$	1,567,607
Interest rate cap derivative	—			4,889		—		4,889
Total assets at fair value	$	1,567,607	$	4,889	$	—	$	1,572,496