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Fair Value of Financial Instruments | 12 Months Ended
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Dec. 31, 2016
Fair Value Disclosures [Abstract] |
Fair Value of Financial Instruments | Fair Value of Financial Instruments The Company measures fair value of financial instruments using Level 2 inputs categorized within the fair value framework. The Company’s financial assets and liabilities measured and reported at fair value on a recurring basis include the following as of:
| December 31, 2016 |  | December 31, 2015
| Level 1 |  | Level 2 |  | Level 3 |  | Total |  | Level 1 |  | Level 2 |  | Level 3 |  | Total
Derivative assets | $ | — |  |  | $ | 5,935 |  |  | $ | — |  |  | $ | 5,935 |  |  | $ | — |  |  | $ | 2,061 |  |  | $ | — |  |  | $ | 2,061 |
Derivative liabilities | — |  |  | 1,303 |  |  | — |  |  | 1,303 |  |  | — |  |  | 2,010 |  |  | — |  |  | 2,010 |
Other Financial Instruments The carrying values of cash and cash equivalents, restricted cash, accounts receivable, accounts payable and accrued liabilities are reasonable estimates of fair value, using Level 1 inputs, because of the short-term nature of these instruments. Fair values for notes payable and notes receivable are estimates based on rates currently prevailing for similar instruments of similar maturities using Level 2 inputs. The table below represents the carrying value and fair value of assets and liabilities as of:
| December 31, 2016 |  | December 31, 2015
| Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value
Notes payable, net(1) | $ | 2,707,839 |  |  | $ | 2,681,134 |  |  | $ | 2,279,755 |  |  | $ | 2,284,429 |
Notes receivable, net | — |  |  | — |  |  | 28,684 |  |  | 28,684 |
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(1) | Amounts represent total notes payable includes unamortized loan premium and excludes net deferred financing fees.

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- Definition The entire disclosure for financial instruments. This disclosure includes, but is not limited to, fair value measurements of short and long term marketable securities, international currencies forward contracts, and auction rate securities. Financial instruments may include hedging and non-hedging currency exchange instruments, derivatives, securitizations and securities available for sale at fair value. Also included are investment results, realized and unrealized gains and losses as well as impairments and risk management disclosures. + References No definition available. + Details
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