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Note 9 - Financial Instruments: Estimate of Fair Value Differs from Carrying Amounts (Details) - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Marketable Securities [1] $ 5,716 $ 7,565
Marketable securities (1) [1] 5,771 7,564
Notes payable (2) [2] 3,660,666 3,761,328
Notes payable (2) [2] 3,750,443 3,820,205
Mortgages payable (3) [3] 1,501,796 1,614,982
Long-term Debt, Fair Value [3] $ 1,521,165 $ 1,629,760
[1] As of March 31, 2016 and December 31, 2015, the Company determined that $4.1 million and $5.9 million, respectively, of the Marketable securities estimated fair value were classified within Level 1 of the fair value hierarchy and the remaining $1.7 million and $1.7 million, respectively, were classified within Level 3 of the fair value hierarchy.
[2] The Company determined that its valuation of Notes payable was classified within Level 2 of the fair value hierarchy.
[3] The Company determined that its valuation of Mortgages payable was classified within Level 3 of the fair value hierarchy.