Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.21.1
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2021
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 March 31, 2021 and December 31, 2020:

 

 

 

 

Carrying

 

 

Fair Value Hierarchy

 

Description

 

As of,

 

Value

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Interest rate swap liabilities (1)

 

March 31, 2021

 

$

25,899

 

 

$

 

 

$

25,899

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap liabilities (1)

 

December 31, 2020

 

$

33,847

 

 

$

 

 

$

33,847

 

 

$

 

 

(1)

See further discussion of interest rate swaps at Note 7.