FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

6 Months Ended

Jun. 30, 2022

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):

	June 30, 2022								December 31, 2021
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Deferred compensation liability	$	—	$	2,231	$	—	$	2,231	$	—	$	2,503	$	—	$	2,503
Interest rate swap asset	$	—	$	7,103	$	—	$	7,103	$	—	$	—	$	—	$	—
Interest rate swap liability	$	—	$	—	$	—	$	—	$	—	$	1,807	$	—	$	1,807

Carrying Amount and Fair Value of Financial Instruments

A summary of the carrying amount and fair value of our secured financial instruments, all of which are based on Level 2 inputs, is as follows (in thousands):  

	June 30, 2022				December 31, 2021
	Carrying Value		Fair Value		Carrying Value		Fair Value
Secured notes payable, net	$	110,986	$	111,548	$	110,965	$	113,207
Unsecured term loans, net	$	249,214	$	250,000	$	249,654	$	250,000
Unsecured senior guaranteed notes, net	$	798,158	$	783,692	$	797,953	$	832,795
Senior unsecured notes, net	$	491,147	$	429,470	$	490,631	$	503,000