XML 48 R37.htm IDEA: XBRL DOCUMENT v2.4.0.8
Fair value measurements (Tables)
12 Months Ended
Dec. 31, 2013
Fair Value Disclosures [Abstract]  
Schedule of fair value of assets and liabilities measured at fair value on a recurring basis by level within the fair value hierarchy
The following tables set forth the assets and liabilities that we measure at fair value on a recurring basis by level within the fair value hierarchy as of December 31, 2013 and 2012 (in thousands):
 
 
 
 
December 31, 2013
Description
 
Total
 
Quoted Prices in
Active Markets
for Identical
Assets
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
Assets:
 
 
 
 
 
 
 
 
Available-for-sale securities
 
$
4,469

 
$
4,469

 
$

 
$

Interest rate swap agreements
 
$
2,870

 
$

 
$
2,870

 
$

Liabilities:
 
 
 
 
 
 
 
 
Interest rate swap agreements
 
$
6,191

 
$

 
$
6,191

 
$

 
 
 
 
December 31, 2012
Description
 
Total
 
Quoted Prices in
Active Markets
for Identical
Assets
 
Significant
Other
Observable
Inputs
 
Significant
Unobservable
Inputs
Assets:
 
 
 
 
 
 
 
 
Available-for-sale securities
 
$
2,709

 
$
2,709

 
$

 
$

Liabilities:
 
 
 
 
 
 
 
 
Interest rate swap agreements
 
$
20,661

 
$

 
$
20,661

 
$

Schedule of the book and fair values of our marketable securities, interest rate swap agreements, secured notes payable, unsecured senior notes payable, unsecured senior line of credit, and unsecured senior bank term loan
As of December 31, 2013 and 2012, the book and fair values of our marketable equity securities, interest rate swap agreements, secured notes payable, unsecured senior notes payable, unsecured senior line of credit, and unsecured senior bank term loans were as follows (in thousands):
 
December 31, 2013
 
December 31, 2012
 
Book Value
 
Fair Value
 
Book Value
 
Fair Value
Assets:
 
 
 
 
 
 
 
Marketable equity securities
$
4,469

 
$
4,469

 
$
2,709

 
$
2,709

Interest rate swap agreements
$
2,870

 
$
2,870

 
$

 
$

 
 
 
 
 
 
 
 
Liabilities:
 
 
 
 
 
 
 
Interest rate swap agreements
$
6,191

 
$
6,191

 
$
20,661

 
$
20,661

Secured notes payable
$
708,831

 
$
736,772

 
$
716,144

 
$
788,455

Unsecured senior notes payable
$
1,048,230

 
$
1,043,125

 
$
549,805

 
$
593,350

Unsecured senior line of credit
$
204,000

 
$
193,714

 
$
566,000

 
$
567,196

Unsecured senior bank term loans
$
1,100,000

 
$
1,099,897

 
$
1,350,000

 
$
1,405,124