XML 52 R31.htm IDEA: XBRL DOCUMENT v3.20.4
Fair Value of Financial Instruments (Tables)
 12 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Financial liabilities measured at fair value on recurring basis
A summary of our financial liabilities that are measured at fair value on a recurring basis by level within the fair value hierarchy is as follows (in thousands):
 December 31, 2020December 31, 2019
 Level 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Deferred compensation liability$— $2,059 $— $2,059 $— $1,669 $— $1,669 
Interest rate swap asset$— $— $— $— $— $434 $— $434 
Interest rate swap liability$— $4,531 $— $4,531 $— $1,317 $— $1,317 
Carrying amount and fair value of financial instruments A summary of the carrying amount and fair value of our financial instruments, all of which are based on Level 2 inputs, is as follows (in thousands):
 December 31, 2020December 31, 2019
 Carrying ValueFair ValueCarrying ValueFair Value
Secured notes payable
$110,923 $114,074 $161,879 $166,885 
Unsecured term loan
$249,233 $250,000 $248,864 $250,000 
Unsecured senior guaranteed notes$947,444 $1,017,378 $946,916 $975,291 
Unsecured line of credit$99,151 $100,000 $— $—