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Financial Instruments: Derivatives and Hedging (Details) - USD ($) | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2021 | Sep. 30, 2020 | Sep. 30, 2021 | Sep. 30, 2020 | Dec. 31, 2020
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Fair Value | $ 97,000 |  | $ 97,000 |  | $ 28,000
Gain (loss) from changes in fair value | 0 | $ 0 | 0 | $ 0 |
Fair value of derivatives in a net liability position | 41,900,000 |  | 41,900,000 |  |
Aggregate termination value | 42,400,000 |  | 42,400,000 |  |
Estimated current balance held in accumulated other comprehensive loss to be reclassified into earnings within the next 12 months |  |  | 16,300,000 |  |
Share of joint venture of accumulated other comprehensive loss reclassified into equity in net income from unconsolidated joint ventures within the next 12 months |  |  | 4,100,000 |  |
Amount of Loss Recognized in Other Comprehensive Loss | (593,000) | (517,000) | (13,336,000) | (61,183,000) |
Amount of Loss Reclassified from Accumulated Other Comprehensive Loss into Income | (7,208,000) | (6,616,000) | (19,901,000) | (12,957,000) |
Interest Rate Cap Expiring November 2021 |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Notional Value | $ 111,869,000 |  | $ 111,869,000 |  |
Strike Rate | 3.50% |  | 3.50% |  |
Fair Value | $ 0 |  | $ 0 |  |
Interest Rate Swap Expiring February 2022 |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Notional Value | $ 200,000,000 |  | $ 200,000,000 |  |
Strike Rate | 0.138% |  | 0.138% |  |
Fair Value | $ (27,000) |  | $ (27,000) |  |
Interest Rate Swap Expiring February 2022, 2 |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Notional Value | $ 100,000,000 |  | $ 100,000,000 |  |
Strike Rate | 0.136% |  | 0.136% |  |
Fair Value | $ (13,000) |  | $ (13,000) |  |
Interest Rate Cap Expiring March 2022 |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Notional Value | $ 85,000,000 |  | $ 85,000,000 |  |
Strike Rate | 4.00% |  | 4.00% |  |
Fair Value | $ 0 |  | $ 0 |  |
Interest Rate Swap Expiring January 2023 |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Notional Value | $ 100,000,000 |  | $ 100,000,000 |  |
Strike Rate | 0.212% |  | 0.212% |  |
Fair Value | $ 11,000 |  | $ 11,000 |  |
Interest Rate Swap Expiring February 2023 |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Notional Value | $ 400,000,000 |  | $ 400,000,000 |  |
Strike Rate | 0.16% |  | 0.16% |  |
Fair Value | $ 86,000 |  | $ 86,000 |  |
Interest Rate Swap Expiring in July 2023 |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Notional Value | $ 200,000,000 |  | $ 200,000,000 |  |
Strike Rate | 1.131% |  | 1.131% |  |
Fair Value | $ (3,108,000) |  | $ (3,108,000) |  |
Interest Rate Swap Expiring in July 2023, 2 |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Notional Value | $ 100,000,000 |  | $ 100,000,000 |  |
Strike Rate | 1.161% |  | 1.161% |  |
Fair Value | $ (1,609,000) |  | $ (1,609,000) |  |
Interest Rate Swap Expiring January 2024 |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Notional Value | $ 150,000,000 |  | $ 150,000,000 |  |
Strike Rate | 2.696% |  | 2.696% |  |
Fair Value | $ (7,840,000) |  | $ (7,840,000) |  |
Interest Rate Swap Expiring January 2026 |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Notional Value | $ 150,000,000 |  | $ 150,000,000 |  |
Strike Rate | 2.721% |  | 2.721% |  |
Fair Value | $ (11,990,000) |  | $ (11,990,000) |  |
Interest Rate Swap Expiring January 2026, 2 |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Notional Value | $ 200,000,000 |  | $ 200,000,000 |  |
Strike Rate | 2.74% |  | 2.74% |  |
Fair Value | $ (16,150,000) |  | $ (16,150,000) |  |
Interest Rate Contract |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Fair Value | (40,640,000) |  | (40,640,000) |  |
Interest Rate Swaps/Caps |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Amount of Loss Recognized in Other Comprehensive Loss | (450,000) | (318,000) | 7,305,000 | (52,808,000) |
Amount of Loss Reclassified from Accumulated Other Comprehensive Loss into Income | (4,416,000) | (5,162,000) | (13,359,000) | (9,610,000) |
Joint venture |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Amount of Loss Recognized in Other Comprehensive Loss | (143,000) | (199,000) | (20,641,000) | (8,375,000) |
Amount of Loss Reclassified from Accumulated Other Comprehensive Loss into Income | (2,792,000) | $ (1,454,000) | (6,542,000) | $ (3,347,000) |
Joint venture | Interest Rate Contract |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Fair Value | (1,183,000) |  | (1,183,000) |  |
Joint venture | Interest Rate Cap Expiring September 2022 |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Notional Value | $ 1,075,000,000 |  | $ 1,075,000,000 |  |
Strike Rate | 2.85% |  | 2.85% |  |
Fair Value | $ 2,000 |  | $ 2,000 |  |
Joint venture | Interest Rate Cap Expiring September 2022, 2 |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Notional Value | $ 125,000,000 |  | $ 125,000,000 |  |
Strike Rate | 2.85% |  | 2.85% |  |
Fair Value | $ 0 |  | $ 0 |  |
Joint venture | Interest Rate Cap Expiring October 2024 |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Notional Value | $ 1,250,000,000 |  | $ 1,250,000,000 |  |
Strike Rate | 1.25% |  | 1.25% |  |
Fair Value | $ 5,005,000 |  | $ 5,005,000 |  |
Joint venture | Interest Rate Swap Expiring February 2026 |  |  |  |  |
Financial Instruments: Derivatives and Hedging |  |  |  |  |
Notional Value | $ 177,000,000 |  | $ 177,000,000 |  |
Strike Rate | 1.669% |  | 1.669% |  |
Fair Value | $ (6,190,000) |  | $ (6,190,000) |  |

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- Definition The aggregate fair value amounts of derivative instruments that contain credit-risk-related contingent features that are in a net liability position at the end of the reporting period. For nonderivative instruments that are designated and qualify as hedging instruments, the fair value amounts are the carrying value of the nonderivative hedging instrument, including the adjustment for the foreign currency transaction gain (loss) on that instrument. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4H -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624258-113959 + Details
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