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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2023
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table sets forth our assets and liabilities that are measured at fair value within the fair value hierarchy (in thousands):
Level 1Level 2Level 3
Quoted Prices in Active Markets for Identical Assets or LiabilitiesSignificant Observable InputsSignificant Unobservable Inputs
Total
Fair value as of September 30, 2023:
Assets:
Interest rate swaps (prepaids and other assets)$8,344 — $8,344 — 

Level 1Level 2Level 3
Quoted Prices in Active Markets for Identical Assets or LiabilitiesSignificant Observable InputsSignificant Unobservable Inputs
Total
Fair value as of December 31, 2022:
Asset:
Interest rate swaps (prepaids and other assets)$14,118 $— $14,118 $— 
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
The estimated fair value within the fair value hierarchy and recorded value of our debt consisting of senior unsecured notes, unsecured term loans, secured mortgages and unsecured lines of credit were as follows (in thousands):
September 30, 2023December 31, 2022
Level 1 Quoted Prices in Active Markets for Identical Assets or Liabilities$— $— 
Level 2 Significant Observable Inputs867,458 876,542 
Level 3 Significant Unobservable Inputs389,825 391,820 
Total fair value of debt$1,257,283 $1,268,362 
Recorded value of debt$1,426,832 $1,428,494