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Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Schedule of Carrying Amount and Fair Value of Financial Instrument . The fair value of mortgage indebtedness is based on a discounted cash flows valuation technique. As this technique utilizes current credit spreads, which are generally unobservable, this is classified as a Level 3 fair value measurement within the fair value hierarchy.  We determine appropriate credit spreads based on the type of debt and its maturity. The following table summarizes the carrying amount and the fair value of our financial instruments as of the periods indicated: 

 

 

December 31, 2018

 

 

December 31, 2017

 

Financial Instrument

 

Carrying

Amount

 

 

Estimated

Fair Value

 

 

Carrying

Amount

 

 

Estimated

Fair Value

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

9,316

 

 

$

9,316

 

 

$

9,985

 

 

$

9,985

 

Restricted cash

 

 

6,729

 

 

 

6,729

 

 

 

4,634

 

 

 

4,634

 

Derivative assets

 

 

8,307

 

 

 

8,307

 

 

 

7,291

 

 

 

7,291

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Debt:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unsecured credit facility

 

 

153,983

 

 

 

155,743

 

 

 

101,629

 

 

 

104,005

 

Term loans

 

 

248,380

 

 

 

250,000

 

 

 

99,105

 

 

 

100,000

 

Mortgages

 

 

583,125

 

 

 

577,112

 

 

 

577,708

 

 

 

564,333