Disclosure About Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2020

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 September 30, 2020:
Assets:
Mortgages and notes receivable, at fair value (1)	$	1,390	$	—	$	1,390
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	2,259		2,259		—
Total Assets	$	3,649	$	2,259	$	1,390
Noncontrolling Interests in the Operating Partnership	$	95,416	$	95,416	$	—
Liabilities:
Mortgages and notes payable, net, at fair value (1)	$	2,601,035	$	—	$	2,601,035
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)	1,036		—		1,036
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	2,259		2,259		—
Total Liabilities	$	2,604,330	$	2,259	$	2,602,071

Fair Value at December 31, 2019:
Assets:
Mortgages and notes receivable, at fair value (1)	$	1,501	$	—	$	1,501
Marketable securities of non-qualified deferred compensation plan (in prepaid expenses and other assets)	2,345		2,345		—
Total Assets	$	3,846	$	2,345	$	1,501
Noncontrolling Interests in the Operating Partnership	$	133,216	$	133,216	$	—
Liabilities:
Mortgages and notes payable, net, at fair value (1)	$	2,615,776	$	—	$	2,615,776
Interest rate swaps (in accounts payable, accrued expenses and other liabilities)	154		—		154
Non-qualified deferred compensation obligation (in accounts payable, accrued expenses and other liabilities)	2,345		2,345		—
Total Liabilities	$	2,618,275	$	2,345	$	2,615,930

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(1)    Amounts are not recorded at fair value on our Consolidated Balance Sheets at September 30, 2020 and December 31, 2019.