XML 40 R20.htm IDEA: XBRL DOCUMENT v2.4.0.6
Indebtedness (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2012
loan
property
Dec. 31, 2011
Indebtedness    
Unsecured revolving credit facility   $ 345,500
Mortgage notes payable 94,826 95,383
Total 444,826 440,883
Number of assumed secured mortgage loans 4  
Aggregate net book value of secured properties 123,825  
Properties 5  
Unsecured revolving credit facility due in 2015
   
Indebtedness    
Unsecured revolving credit facility   345,500
Maximum borrowing capacity on revolving credit facility 550,000  
Revolving credit facility, interest rate basis LIBOR  
Maximum borrowing capacity on credit facility may be increased under certain conditions 1,100,000  
The weighted average annual interest rate for revolving credit facilities (as a percent) 1.80%  
5.73% Mortgage notes due in 2015
   
Indebtedness    
Mortgage notes payable 49,907 50,118
Interest rate (as a percent) 5.73% 5.73%
Unamortized fair value premium included in mortgage notes 775 775
6.21% Mortgage notes due in 2016
   
Indebtedness    
Mortgage notes payable 24,645 24,713
Interest rate (as a percent) 6.21% 6.21%
7% Mortgage notes due in 2019
   
Indebtedness    
Mortgage notes payable 10,483 10,559
Interest rate (as a percent) 7.00% 7.00%
Unamortized fair value premium included in mortgage notes 974 974
8.15% Mortgage notes due in 2021
   
Indebtedness    
Mortgage notes payable 9,791 9,993
Interest rate (as a percent) 8.15% 8.15%
Unamortized fair value premium included in mortgage notes 749 749
Unsecured term loan
   
Indebtedness    
Term loan 350,000  
Maximum borrowing capacity on credit facility may be increased under certain conditions $ 700,000  
Term loan, interest rate basis LIBOR  
The weighted average annual interest rate for revolving credit facilities (as a percent) 2.02%  
Term of loan (in years) 5