Quarterly report pursuant to Section 13 or 15(d)

Realty Income Office Assets, Financial Instruments and Fair Value Measurements (Tables)

v3.21.2
Realty Income Office Assets, Financial Instruments and Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2021
Realty Income Office Assets  
Entity Information [Line Items]  
Schedule of Fair Value, by Balance Sheet Grouping
Realty Income Office Assets believes that the carrying values reflected in the combined balance sheets reasonably approximate the fair values for accounts receivable, escrow deposits and all other liabilities, due to their short-term nature or interest rates and terms that are consistent with market, except for the mortgages payable assumed in connection with acquisitions, which are disclosed as follows (dollars in thousands):
At September 30, 2021
 Carrying Value Estimated Fair Value
Mortgages payable assumed in connection with acquisitions (1)
$ 9,625 $ 9,695
At December 31, 2020
 Carrying Value Estimated Fair Value
Mortgages payable assumed in connection with acquisitions (1)
$ 36,476 $ 37,095
(1) Excludes non-cash net premiums recorded on the mortgages payable. The unamortized balance of these net premiums is $31,000 at September 30, 2021, and $0.6 million at December 31, 2020.