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Fair Value Measurements (Details) - USD ($) $ in Thousands | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2016 | Dec. 31, 2015
Fair value measurements |  |
Mortgage loans receivable | $ 234,347 | $ 217,529
Senior unsecured notes, net of debt issue costs | 512,262 | 451,372
Accrued incentives and earn-outs | $ 12,514 | $ 12,722
Level 3 | Senior Unsecured Notes maturing before 2026 |  |
Fair value measurements |  |
Discount rate (as a percent) | 3.75% | 4.35%
Level 3 | Senior Unsecured Notes maturing 2026 and after |  |
Fair value measurements |  |
Discount rate (as a percent) | 3.90% | 4.65%
Level 3 | Accrued incentives and earn-out liabilities |  |
Fair value measurements |  |
Discount rate (as a percent) | 5.40% | 6.10%
Level 3 | Mortgage Loans Receivable |  |
Fair value measurements |  |
Discount rate (as a percent) | 9.10% | 8.90%
Carrying Value |  |
Fair value measurements |  |
Bank borrowings | $ 77,000 | $ 120,500
Carrying Value | Level 3 |  |
Fair value measurements |  |
Mortgage loans receivable | 234,347 | 217,529
Senior unsecured notes, net of debt issue costs | 512,262 | 451,372
Accrued incentives and earn-outs | 12,514 | 12,722
Fair Value |  |
Fair value measurements |  |
Bank borrowings | 77,000 | 120,500
Fair Value | Level 3 |  |
Fair value measurements |  |
Mortgage loans receivable | 277,300 | 257,335
Senior unsecured notes, net of debt issue costs | 529,809 | 451,420
Accrued incentives and earn-outs | $ 12,514 | $ 12,722

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