Annual report pursuant to Section 13 and 15(d)

FAIR VALUE DISCLOSURES (Tables)

v3.20.4
FAIR VALUE DISCLOSURES (Tables)
12 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Fixed-Rate Debt The fair value of our fixed-rate debt is derived from quoted market prices by independent dealers (Level 2 inputs as per the discussion above) and is as follows (in thousands):    
At December 31,
  2020 2019
  Aggregate
Principal
Estimated  Fair
Value
Aggregate
Principal
Estimated  Fair
Value
7.00% senior notes
$ 300,000  $ 319,758  $ 300,000  $ 327,390 
6.00% senior notes
$ 400,000  $ 451,913  $ 400,000  $ 449,200 
5.125% senior notes
$ 300,000  $ 333,328  $ 300,000  $ 319,500 
Schedule of Real Estate Assets Measured at Fair Value Our Real estate assets measured at fair value are as follows (in thousands):
Year Ended December 31,
  2020 2019
Description:
Adjusted basis of long-lived real estate assets $ 46,917  $ 42,949 
Impairments $ 24,852  $ 7,293 
Initial basis of long-lived real estate assets $ 71,769  $ 50,242