Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2019

Fair Value Disclosures [Abstract]

Assets And Liabilities Measured On Recurring Basis

Assets and liabilities measured at fair value on a recurring basis as of September 30, 2019 and December 31, 2018, aggregated by the level in the fair value hierarchy in which those measurements fall, are as follows (in thousands):

	Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Fair Value at September 30, 2019
Assets:
Cash equivalents, primarily money market funds, time deposits and commercial paper	$	108,895					$	108,895
Restricted cash, primarily money market funds	10,337						10,337
Investments, mutual funds held in a grantor trust	35,740						35,740
Total	$	154,972	$	—	$	—	$	154,972
Liabilities:
Deferred compensation plan obligations	$	35,740					$	35,740
Total	$	35,740	$	—	$	—	$	35,740

	Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Fair Value at December 31, 2018
Assets:
Cash equivalents, primarily money market funds	$	54,848					$	54,848
Restricted cash, primarily money market funds	5,254						5,254
Investments, mutual funds held in a grantor trust	30,996						30,996
Investments, mutual funds	6,635						6,635
Total	$	97,733	$	—	$	—	$	97,733
Liabilities:
Deferred compensation plan obligations	$	30,996					$	30,996
Total	$	30,996	$	—	$	—	$	30,996

Schedule Of Fair Value Disclosures

Schedule of our fair value disclosures is as follows (in thousands):

	September 30, 2019						December 31, 2018
	Carrying Value		Fair Value Using Significant  Other Observable  Inputs (Level 2)		Fair Value Using Significant Unobservable Inputs (Level 3)		Carrying Value		Fair Value Using Significant  Other Observable  Inputs (Level 2)		Fair Value Using Significant Unobservable Inputs (Level 3)
Other Assets:
Tax increment revenue bonds (1)	$	20,009			$	25,000	$	20,009			$	25,000
Investments, held to maturity (2)	250		$	250			3,000		$	2,988
Debt:
Fixed-rate debt	1,719,311				1,790,605		1,771,999				1,761,215
Variable-rate debt	17,492				16,972		22,685				23,131

_______________

(1) At September 30, 2019 and December 31, 2018, the credit loss balance on our tax increment revenue bonds was $31.0 million.

(2)

Investments held to maturity are recorded at cost. As of December 31, 2018, these investments had unrealized losses of $12 thousand.