Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments |
Carrying amounts and estimated fair values of financial instruments, for periods indicated, were as follows (in thousands): | | | | | | | | | | | | | | | | | | September 30, 2014 | | December 31, 2013 | | Carrying Value | | Estimated Fair Value | | Carrying Value | | Estimated Fair Value | Financial assets and liabilities measured at fair value: | | | | | | | | Marketable securities | $ | 44,273 |
| | $ | 44,273 |
| | $ | 29,601 |
| | $ | 29,601 |
| Derivative assets, net | 413 |
| | 413 |
| | 19 |
| | 19 |
| Liabilities associated with marketable securities and other | 4,302 |
| | 4,302 |
| | 3,764 |
| | 3,764 |
| | | | | | | | | Financial assets not measured at fair value: | | | | | | | | Cash and cash equivalents | $ | 280,574 |
| | $ | 280,574 |
| | $ | 128,780 |
| | $ | 128,780 |
| Restricted cash | 107,356 |
| | 107,356 |
| | 61,498 |
| | 61,498 |
| Accounts receivable | 29,153 |
| | 29,153 |
| | 21,791 |
| | 21,791 |
| Note receivable | 3,509 |
| | $2,983 to $3,297 |
| | 3,384 |
| | $2,800 to $3,094 |
| Due from affiliates | 1,748 |
| | 1,748 |
| | 1,302 |
| | 1,302 |
| Due from Ashford Prime OP, net | 3,815 |
| | 3,815 |
| | 13,042 |
| | 13,042 |
| Due from related parties | 1,200 |
| | 1,200 |
| | — |
| | — |
| Due from third-party hotel managers | 14,635 |
| | 14,635 |
| | 33,728 |
| | 33,728 |
| | | | | | | | | Financial liabilities not measured at fair value: | | | | | | | | Indebtedness | $ | 1,959,608 |
| | $ 1,903,723 to $2,104,118 | | $ | 1,818,929 |
| | $ 1,786,651 to $1,974,714 | Accounts payable and accrued expenses | 93,536 |
| | 93,536 |
| | 70,683 |
| | 70,683 |
| Dividends payable | 21,889 |
| | 21,889 |
| | 20,735 |
| | 20,735 |
| Due to related party, net | 1,461 |
| | 1,461 |
| | 270 |
| | 270 |
| Due to third-party hotel managers | 1,629 |
| | 1,629 |
| | 958 |
| | 958 |
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