XML 45 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Fair Value Measurement Inputs
The following tables present the Company's assets and liabilities measured at fair value on a recurring and non-recurring basis as of September 30, 2017 and December 31, 2016, aggregated by the level in the fair value hierarchy within which those measurements fall:
 
Balance
 
Fair Value Measurements Using
Description
September 30, 2017
 
(Level 1)
 
(Level 2)
 
(Level 3)
Interest rate swap assets
$
510

 
$

 
$
510

 
$

Impaired real estate assets*
$
20,264

 
$

 
$

 
$
20,264

 
Balance
 
Fair Value Measurements Using
Description
December 31, 2016
 
(Level 1)
 
(Level 2)
 
(Level 3)
Interest rate swap assets
$
44

 
$

 
$
44

 
$

Impaired real estate assets*
$
15,801

 
$

 
$

 
$
15,801

Interest rate swap liabilities
$
(1,077
)
 
$

 
$
(1,077
)
 
$

*Represents a non-recurring fair value measurement, including assets held for sale. Fair value as of the date of impairment.
Schedule of Carrying Amounts and Fair Value of Financial Instruments
The table below sets forth the carrying amounts and estimated fair values of the Company's financial instruments as of September 30, 2017 and December 31, 2016.
 
As of September 30, 2017
 
As of December 31, 2016
 
Carrying
Amount
 
Fair Value
 
Carrying
Amount
 
Fair Value
Assets
 
 
 
 
 
 
 
Loans Receivable
$

 
$

 
$
94,210

 
$
94,911

 
 
 
 
 
 
 
 
Liabilities
 

 
 

 
 

 
 

Debt
$
2,088,874

 
$
2,058,863

 
$
1,860,598

 
$
1,814,824

LCIF [Member]  
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
Schedule of Fair Value Measurement Inputs
The following table presents the Partnership's assets measured at fair value as of September 30, 2017, aggregated by the level in the fair value hierarchy within which those measurements fall:
 
 
Balance
 
Fair Value Measurements Using
Description
 
September 30, 2017
 
(Level 1)
 
(Level 2)
 
(Level 3)
Impaired real estate assets*
 
$
2,090

 
$

 
$

 
$
2,090

* Represents a non-recurring fair value measurement as of the date of impairment.
Schedule of Carrying Amounts and Fair Value of Financial Instruments
The table below sets forth the carrying amounts and estimated fair values of the Partnership's financial instruments as of September 30, 2017 and December 31, 2016:
 
 
As of September 30, 2017
 
As of December 31, 2016
 
 
Carrying Amount
 
Fair Value
 
Carrying Amount
 
Fair Value
Liabilities
 
 
 
 
 
 
 
 
Debt
 
$
334,329

 
$
333,181

 
$
315,616

 
$
314,509