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Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2020
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value
Financial assets measured at fair value on our consolidated balance sheets as of September 30, 2020 and December 31, 2019, consist of marketable securities, which are presented in the table below based on their level in the fair value hierarchy, and an interest rate cap, which fair value was insignificant as of September 30, 2020 and December 31, 2019. There were no financial liabilities measured at fair value as of September 30, 2020 and December 31, 2019.
 As of September 30, 2020
(Amounts in thousands)TotalLevel 1Level 2Level 3
Marketable securities $3,834 $3,834 $— $— 
 As of December 31, 2019
(Amounts in thousands)TotalLevel 1Level 2Level 3
Marketable securities$14,409 $14,409 $— $— 
Financial Assets and Liabilities Not Measured at Fair Value The table below summarizes the carrying amounts and fair values of these financial instruments as of September 30, 2020 and December 31, 2019.
 As of September 30, 2020As of December 31, 2019
(Amounts in thousands)Carrying
Amount		Fair
Value		Carrying
Amount		Fair
Value
Assets:
Cash equivalents
$318,260 $318,260 $263,688 $263,688 
Liabilities:
Mortgages payable (excluding deferred debt  issuance costs, net)
$1,070,544 $1,032,000 $974,836 $974,000