Annual report pursuant to Section 13 and 15(d)

FAIR VALUE DISCLOSURES (Tables)

v3.22.0.1
FAIR VALUE DISCLOSURES (Tables)
12 Months Ended
Dec. 31, 2021
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,
  2021 2020
  Aggregate
Principal
Estimated  Fair
Value
Aggregate
Principal
Estimated  Fair
Value
7.00% senior notes
$ —  $ —  $ 300,000  $ 319,758 
6.00% senior notes
$ 400,000  $ 446,520  $ 400,000  $ 451,913 
5.125% senior notes
$ 300,000  $ 329,640  $ 300,000  $ 333,328 
3.875% senior notes
$ 450,000  $ 472,500  $ —  $ — 
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,
  2021 2020
Description:
Initial basis of long-lived real estate assets $ 7,369  $ 71,769 
Impairments $ 2,115  $ 24,852 
Adjusted basis of long-lived real estate assets $ 5,254  $ 46,917