FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 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):

	September 30, 2022								December 31, 2021
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Deferred compensation liability	$	—	$	2,288	$	—	$	2,288	$	—	$	2,503	$	—	$	2,503
Interest rate swap asset	$	—	$	11,310	$	—	$	11,310	$	—	$	—	$	—	$	—
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):  

	September 30, 2022				December 31, 2021
	Carrying Value		Fair Value		Carrying Value		Fair Value
Secured notes payable, net	$	74,555	$	74,110	$	110,965	$	113,207
Unsecured term loans, net	$	249,321	$	250,000	$	249,654	$	250,000
Unsecured senior guaranteed notes, net	$	798,260	$	759,008	$	797,953	$	832,795
Senior unsecured notes, net	$	491,405	$	403,500	$	490,631	$	503,000
Unsecured line of credit, net	$	33,895	$	36,000	$	—	$	—