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Summary of Significant Accounting Policies (Tables) | 6 Months Ended
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Jun. 30, 2020
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. There were no transfers between levels in the fair value hierarchy for the six months ended June 30, 2020. The following table summarizes the carrying amount and the fair value of our financial instruments as of the periods indicated:
|  | As of June 30, 2020 |  |  | As of December 31, 2019 |
Financial Instrument |  | Carrying Amount |  |  | Estimated Fair Value |  |  | Carrying Amount |  |  | Estimated Fair Value |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 11,652 |  |  | $ | 11,652 |  |  | $ | 9,888 |  |  | $ | 9,888 |
Restricted cash |  |  | 6,509 |  |  |  | 6,509 |  |  |  | 4,545 |  |  |  | 4,545 |
Derivative assets |  |  | — |  |  |  | — |  |  |  | 953 |  |  |  | 953 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Debt: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unsecured credit facility |  |  | 210,765 |  |  |  | 212,802 |  |  |  | 183,966 |  |  |  | 186,302 |
Term loans |  |  | 298,588 |  |  |  | 300,000 |  |  |  | 298,418 |  |  |  | 300,000 |
Mortgages |  |  | 499,558 |  |  |  | 520,898 |  |  |  | 503,188 |  |  |  | 505,510 |
Derivative liabilities |  |  | 34,614 |  |  |  | 34,614 |  |  |  | 7,769 |  |  |  | 7,769 |

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