XML 29 R25.htm IDEA: XBRL DOCUMENT

Subsequent Events	3 Months Ended
Subsequent Events	Mar. 31, 2015
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On April 30, 2015, the operating partnership sold the 833 Chestnut Street property for approximately $161 million. The transaction after costs and buyer credits resulted in net proceeds of approximately $150 million and a net gain of approximately $77 million. The property was identified as held for sale as of March 31, 2015. 833 Chestnut Street was not a significant component of our U.S. portfolio nor does the sale represent a significant shift in our strategy. On April 24, 2015, the operating partnership gave notice of its intention to redeem all of its outstanding 2015 Notes, pursuant to its option under the Indenture governing the 2015 Notes, dated July 8, 2010. The redemption date is May 26, 2015 and the redemption price is 100% of the principal amount of the 2015 Notes plus accrued and unpaid interest thereon up to, but excluding, the redemption date. As of March 31, 2015, the aggregate principal amount of the 2015 Notes outstanding was $375.0 million.