XML 53 R42.htm IDEA: XBRL DOCUMENT v3.24.2

Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2024

Fair Value Measurements

Summary of assets and liabilities measured at fair value on a recurring basis

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Fair Value Measurements

​

Total

Level 1

Level 2

Level 3

​

​

(In thousands)

June 30, 2024

​

​

​

​

​

​

​

​

​

​

​

Derivative financial instruments designated as effective hedges:

​

​

​

​

Classified as assets in "Other assets, net"

​

$

36,606

​

​

—

​

$

36,606

​

​

—

Non-designated derivatives:

​

​

​

​

Classified as assets in "Other assets, net"

​

5,510

​

—

​

5,510

​

—

Classified as liabilities in "Other liabilities, net"

​

5,458

​

—

​

5,458

​

—

​

​

​

​

​

​

​

​

​

​

​

​

​

December 31, 2023

​

​

​

​

Derivative financial instruments designated as effective hedges:

​

​

​

​

Classified as assets in "Other assets, net"

​

$

35,632

​

​

—

​

$

35,632

​

​

—

Classified as liabilities in "Other liabilities, net"

​

​

7,936

​

—

​

​

7,936

​

—

Non-designated derivatives:

​

​

​

​

Classified as assets in "Other assets, net"

​

6,709

​

—

​

6,709

​

—

Classified as liabilities in "Other liabilities, net"

​

6,508

​

—

​

6,508

​

—

Schedule of financial instruments and liabilities reflected in balance sheets

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

June 30, 2024

​

December 31, 2023

​

Carrying

​

Carrying

​

​

​

Amount (1)

​

Fair Value

​

Amount (1)

​

Fair Value

​

(In thousands)

Financial liabilities:

​

​

​

​

Mortgage loans

​

$

1,889,992

​

$

1,848,171

​

$

1,798,225

​

$

1,753,251

Revolving credit facility

​

40,000

​

39,950

​

62,000

​

62,000

Term loans

​

720,000

​

715,823

​

720,000

​

715,950

(1) The carrying amount consists of principal only.

X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482907/825-10-50-11

+ Details

Name:	us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration