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Notes Payable (Tables)
12 Months Ended
Dec. 31, 2019
Notes Payable [Abstract]  
Notes Payable

Amounts at December 31, 2019

Coupon

Effective

Unamortized

Book

Fair

Rate

Rate

Principal

Costs

Value

Value

($ amounts in thousands)

U.S. Dollar Denominated Unsecured Debt

Notes due September 15, 2022

2.370%

2.483%

$

500,000 

$

(1,419)

$

498,581 

$

505,639 

Notes due September 15, 2027

3.094%

3.218%

500,000 

(4,076)

495,924 

520,694 

Notes due May 1, 2029

3.385%

3.459%

500,000 

(2,876)

497,124 

531,911 

1,500,000 

(8,371)

1,491,629 

1,558,244 

Euro Denominated Unsecured Debt

Notes due April 12, 2024

1.540%

1.540%

112,156 

-

112,156 

115,932 

Notes due November 3, 2025

2.175%

2.175%

271,433 

-

271,433 

298,398 

383,589 

-

383,589 

414,330 

Mortgage Debt, secured by 27

real estate facilities with a net

book value of $105.7 million

4.025%

3.995%

27,275 

-

27,275 

28,506 

$

1,910,864 

$

(8,371)

$

1,902,493 

$

2,001,080 

Amounts at

December 31, 2018

Book

Fair

Value

Value

($ amounts in thousands)

U.S. Dollar Denominated Unsecured Debt

Notes due September 15, 2022

$

498,053 

$

482,017 

Notes due September 15, 2027

495,396 

469,055 

Notes due May 1, 2029

-

-

993,449 

951,072 

Euro Denominated Unsecured Debt

Notes due April 12, 2024

114,449 

115,964 

Notes due November 3, 2025

276,982 

286,078 

391,431 

402,042 

Mortgage Debt

27,403 

27,613 

$

1,412,283 

$

1,380,727 

Maturities Of Notes Payable

Unsecured

Mortgage

Debt

Debt

Total

2020

$

-

$

2,015

$

2,015

2021

-

1,871

1,871

2022

500,000

2,584

502,584

2023

-

19,219

19,219

2024

112,156

124

112,280

Thereafter

1,271,433

1,462

1,272,895

$

1,883,589

$

27,275

$

1,910,864

Weighted average effective rate

2.8%

4.0%

2.9%