XML 47 R23.htm IDEA: XBRL DOCUMENT v3.2.0.727
Fair Value Of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2015
Fair Value Disclosures [Abstract]  
Summary of Carrying Value and Fair Value of Financial Instruments
A summary of the carrying amount and fair value of our mortgages payable, notes payable and senior notes and debentures is as follows:

 
June 30, 2015
 
December 31, 2014
Carrying
Value
 
Fair Value
 
Carrying
Value
 
Fair Value
(In thousands)
Mortgages and notes payable
$
973,357

 
$
984,420

 
$
854,217

 
$
880,866

Senior notes and debentures
$
1,494,515

 
$
1,503,677

 
$
1,483,813

 
$
1,579,868

Summary of Financial Liabilities Measured on a 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:
 
June 30, 2015
 
December 31, 2014
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
(In thousands)
Interest rate swaps
$

 
$
4,909

 
$

 
$
4,909

 
$

 
$
3,515

 
$

 
$
3,515