Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.20.2
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Summary of Liabilities Measured at Fair Value on a Recurring Basis

Below is a summary of liabilities measured at fair value on a recurring basis by the Company under FASB ASC Topic 820 as of June 30, 2020 and December 31, 2019:

 

 

 

 

Carrying

 

 

Fair Value Hierarchy

 

Description

 

As of,

 

Value

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Interest rate swap liabilities (1)

 

June 30, 2020

 

$

37,336

 

 

$

 

 

$

37,336

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap liabilities (1)

 

December 31, 2019

 

$

15,995

 

 

$

 

 

$

15,995

 

 

$

 

 

(1)

See further discussion of interest rate swaps at Note 7.