Disclosure About Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2018

Fair Value Disclosures [Abstract]

Fair Value Measurements of Assets, Liabilities and Noncontrolling Interests

The following table sets forth our assets and liabilities and the Company's noncontrolling interests in the Operating Partnership that are measured or disclosed at fair value within the fair value hierarchy.

			Level 1		Level 2
	Total		Quoted Prices in Active Markets for Identical Assets or Liabilities		Significant Observable Inputs
Fair Value at March 31, 2018:
Assets:
Mortgages and notes receivable, at fair value (1)	$	6,158	$	—	$	6,158
Interest rate swaps (in prepaid expenses and other assets)	2,179		—		2,179
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	2,376		2,376		—
Total Assets	$	10,713	$	2,376	$	8,337
Noncontrolling Interests in the Operating Partnership	$	123,113	$	123,113	$	—
Liabilities:
Mortgages and notes payable, net, at fair value (1)	$	2,090,232	$	—	$	2,090,232
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	2,376		2,376		—
Total Liabilities	$	2,092,608	$	2,376	$	2,090,232

Fair Value at December 31, 2017:
Assets:
Mortgages and notes receivable, at fair value (1)	$	6,425	$	—	$	6,425
Interest rate swaps (in prepaid expenses and other assets)	1,286		—		1,286
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	2,388		2,388		—
Total Assets	$	10,099	$	2,388	$	7,711
Noncontrolling Interests in the Operating Partnership	$	144,009	$	144,009	$	—
Liabilities:
Mortgages and notes payable, net, at fair value (1)	$	2,015,689	$	—	$	2,015,689
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	2,388		2,388		—
Total Liabilities	$	2,018,077	$	2,388	$	2,015,689

__________

(1)    Amounts recorded at historical cost on our Consolidated Balance Sheets at March 31, 2018 and December 31, 2017.