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Fair Value Measurements (Tables) | 3 Months Ended
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Mar. 31, 2021
Fair Value Disclosures [Abstract] |
Schedule of Assets and Liabilities Measure at Fair Value on a Recurring Basis | The following table sets forth the assets and liabilities that the Company measures at fair value on a recurring basis by level within the fair value hierarchy as of March 31, 2021 and December 31, 2020:
Assets/(Liabilities) |  | Total Fair Value |  | Quoted Prices in Active Markets for Identical Assets and Liabilities |  | Significant Other Observable Inputs |  | Significant Unobservable Inputs
March 31, 2021 |  |  |  |  |  |  |  |
Interest Rate Swap Liability |  | $ | (37,559) |  |  | $ | — |  |  | $ | (37,559) |  |  | $ | — |
Corporate Owned Life Insurance Asset |  | $ | 4,609 |  |  | $ | — |  |  | $ | 4,609 |  |  | $ | — |
Mutual Funds Asset |  | $ | 6,939 |  |  | $ | 6,939 |  |  | $ | — |  |  | $ | — |
Deferred Compensation Liability |  | $ | (8,554) |  |  | $ | — |  |  | $ | (8,554) |  |  | $ | — |
December 31, 2020 |  |  |  |  |  |  |  |
Interest Rate Swap Liability |  | $ | (53,975) |  |  | $ | — |  |  | $ | (53,975) |  |  | $ | — |
Corporate Owned Life Insurance Asset |  | $ | 4,454 |  |  | $ | — |  |  | $ | 4,454 |  |  | $ | — |
Mutual Funds Asset |  | $ | 6,643 |  |  | $ | 6,643 |  |  | $ | — |  |  | $ | — |
Deferred Compensation Liability |  | $ | (10,599) |  |  | $ | — |  |  | $ | (10,599) |  |  | $ | — |
Quantitative Information Related to Non-recurring Fair Value Measurements | The following table is a summary of the quantitative information related to the non-recurring fair value measurement for the impairment of the Company's real estate properties for the three months ended March 31, 2021
|  | Range of Inputs or Inputs
Unobservable Inputs: |  | 2200 Channahon Road |  | Houston Westway I
Expected selling price per square foot |  | $8.30 |  | $72.90
Estimated hold period |  | Less than one year |  | Less than one year
Schedule of Carrying Values and Estimated Fair Values of Financial Instruments | The fair value of the ten mortgage loans in the table below is estimated by discounting each loan’s principal balance over the remaining term of the mortgage using current borrowing rates available to the Company for debt instruments with similar terms and maturities. The Company determined that the mortgage debt valuation in its entirety is classified in Level 2 of the fair value hierarchy, as the fair value is based on current pricing for debt with similar terms as the in-place debt.
| March 31, 2021 |  | December 31, 2020
| Fair Value |  | Carrying Value (1) |  | Fair Value |  | Carrying Value (1)
BOA Loan | $ | 354,417 |  |  | $ | 375,000 |  |  | $ | 355,823 |  |  | $ | 375,000 |
BOA/KeyBank Loan | $ | 262,283 |  |  | $ | 250,000 |  |  | $ | 263,454 |  |  | $ | 250,000 |
AIG Loan II | $ | 120,491 |  |  | $ | 126,241 |  |  | $ | 121,011 |  |  | $ | 126,792 |
AIG Loan | $ | 101,596 |  |  | $ | 103,383 |  |  | $ | 102,033 |  |  | $ | 103,870 |
Midland Mortgage Loan | $ | 97,600 |  |  | $ | 97,619 |  |  | $ | 97,709 |  |  | $ | 98,155 |
Samsonite Loan | $ | 20,603 |  |  | $ | 19,908 |  |  | $ | 21,030 |  |  | $ | 20,165 |
HealthSpring Mortgage Loan | $ | 20,204 |  |  | $ | 20,073 |  |  | $ | 20,462 |  |  | $ | 20,208 |
Pepsi Bottling Ventures Loan | $ | 18,767 |  |  | $ | 18,496 |  |  | $ | 18,942 |  |  | $ | 18,587 |
Highway 94 Loan | $ | 14,148 |  |  | $ | 14,453 |  |  | $ | 14,447 |  |  | $ | 14,689 |
Emporia Partners Mortgage Loan | $ | 1,526 |  |  | $ | 1,502 |  |  | $ | 1,654 |  |  | $ | 1,627 |
Total | $ | 1,011,635 |  |  | $ | 1,026,675 |  |  | $ | 1,016,565 |  |  | $ | 1,029,093 |
(1)The carrying values do not include the debt premium/(discount) or deferred financing costs as of March 31, 2021 and December 31, 2020. See Note 5, Debt, for details.

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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class 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). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
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