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Fair Value Disclosures (Tables)
3 Months Ended
Mar. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
For assets and liabilities measured at fair value on a recurring basis, quantitative disclosure of the fair value for each major category of assets and liabilities is presented below:
 
 
Fair Value Measurements as of March 31, 2017 Using
 
Fair Value Measurements as of
December 31, 2016 Using
Description
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
SPG common shares
 
$
43,008

 
 
 
$
44,418

 
 
Insurance deposit
 
15,430

 
 

 
15,440

 
 

Derivative interest rate contracts (Note 7)
 
 
 
$
22

 
 
 


Total assets
 
$
58,438


$
22

 
$
59,858

 
$

 
 
 
 
 
 
 
 
 
Derivative interest rate contracts (Note 7)
 
 

 
$
(2,824
)
 
 

 
$
(3,548
)
Total liabilities
 
 

 
$
(2,824
)
 
 

 
$
(3,548
)
Estimated fair value of notes payable
The estimated fair values of notes payable at March 31, 2017 and December 31, 2016 were as follows:
 
2017
 
2016
 
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Notes payable, net
$
3,287,968

 
$
3,232,923

 
$
3,255,512

 
$
3,184,036