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Fair Value Measurements (Tables)
 6 Months Ended
Jun. 30, 2022
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value
Financial assets measured at fair value on our consolidated balance sheet as of June 30, 2022 consist of U.S. Treasury bills (classified as available-for-sale) and interest rate derivatives, which are presented in the table below based on their level in the fair value hierarchy. There were no financial liabilities measured at fair value as of June 30, 2022.
 As of June 30, 2022
TotalLevel 1Level 2Level 3
(Amounts in thousands)
Investments in U.S. Treasury bills(1)
$197,369 $197,369 $— $— 
Interest rate derivatives (included in other assets)21,970 — 21,970 — 
$219,339 $197,369 $21,970 $— 
(1)During the three months ended June 30, 2022, we purchased $197,407 of U.S. Treasury bills with an aggregate face value of $200,000. As of June 30, 2022, our investments in U.S. Treasury bills have an aggregate amortized cost of $198,018 and have remaining maturities of less than one year.
Financial assets measured at fair value on our consolidated balance sheet as of December 31, 2021 consist of interest rate derivatives, which are presented in the table below based on their level in the fair value hierarchy. There were no financial liabilities measured at fair value as of December 31, 2021.
 As of December 31, 2021
(Amounts in thousands)TotalLevel 1Level 2Level 3
Interest rate derivatives (included in other assets)$7,545 $— $7,545 $— 
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 June 30, 2022 and December 31, 2021.
 As of June 30, 2022As of December 31, 2021
(Amounts in thousands)Carrying
Amount		Fair
Value		Carrying
Amount		Fair
Value
Assets:
Cash equivalents
$245,404 $245,404 $427,601 $427,601 
Liabilities:
Mortgages payable (excluding deferred debt issuance costs, net)$1,096,544 $1,053,622 $1,096,544 $1,064,122