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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]  
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, 2019 and December 31, 2018, aggregated by the level in the fair value hierarchy within which those measurements fall:
 
 
Balance
 
Fair Value Measurements Using
Description
 
September 30, 2019
 
(Level 1)
 
(Level 2)
 
(Level 3)
Impaired property held for sale
(1)
$
500

 
$

 
$
500

 
$

Interest rate swap liabilities
 
$
(5,549
)
 
$

 
$
(5,549
)
 
$

 
 
Balance
 
Fair Value Measurements Using
Description
 
December 31, 2018
 
(Level 1)
 
(Level 2)
 
(Level 3)
Interest rate swap assets
 
$
76

 
$

 
$
76

 
$

Impaired real estate assets
(1)
$
35,036

 
$

 
$

 
$
35,036

(1)
Represents a non-recurring fair value measurement. Fair value as of the date of the 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, 2019 and December 31, 2018:
 
As of September 30, 2019
 
As of December 31, 2018
 
Carrying
Amount
 
Fair Value
 
Carrying
Amount
 
Fair Value
Liabilities
 

 
 

 
 

 
 

Debt
$
1,295,888

 
$
1,257,907

 
$
1,492,483

 
$
1,409,773