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Fair Values of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2013
Fair Value Disclosures [Abstract]  
Schedule of fair value, assets and liabilities measured on recurring basis
A summary of the carrying amount and fair value of the Company's financial assets and liabilities as of June 30, 2013 and December 31, 2012 are as follows (in thousands):

 
As of June 30, 2013
 
As of December 31, 2012
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
Financial Assets:
 
 
 
 
 
 
 
Cash and cash equivalents
$
30,241

 
$
30,241

 
$
81,856

 
$
81,856

Interest rate swap agreements
2,455

 
2,455

 

 

Financial Liabilities:
 

 
 

 
 

 
 

Mortgage notes payable
$
724,090

 
$
665,446

 
$
605,890

 
$
623,604

Notes payable to banks
313,000

 
314,834

 
262,000

 
254,215

Interest rate swap agreements
9,501

 
9,501

 
16,237

 
16,237