XML 67 R38.htm IDEA: XBRL DOCUMENT v2.4.0.8
DEBT (Details) (USD $)
3 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended 12 Months Ended 0 Months Ended 3 Months Ended 3 Months Ended 0 Months Ended 3 Months Ended 3 Months Ended 0 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
May 01, 2014
Subsequent Event [Member]
Mar. 31, 2014
Revolving Credit Facility [Member]
Jan. 23, 2014
Senior Unsecured Notes due 2021 [Member]
May 23, 2013
Senior Unsecured Notes Due 2023 [Member]
May 23, 2013
Senior Unsecured Notes Due 2023 [Member]
Prior to June 2018 [Member]
May 23, 2013
Senior Unsecured Notes Due 2023 [Member]
Prior to June 2016 [Member]
Feb. 11, 2014
Senior Notes due 2018 [Member]
Jan. 08, 2014
Senior Notes due 2018 [Member]
Jun. 24, 2013
Senior Notes due 2018 [Member]
Mar. 31, 2014
Senior Notes due 2018 [Member]
Dec. 31, 2013
Senior Notes due 2018 [Member]
Oct. 27, 2010
Senior Notes due 2018 [Member]
Jun. 24, 2013
Senior Notes due 2018 [Member]
Prior to November 2013 [Member]
Mar. 31, 2014
2013 Revolving Credit Facility [Member]
Revolving Credit Facility [Member]
Jul. 29, 2013
2013 Revolving Credit Facility [Member]
Revolving Credit Facility [Member]
Mar. 31, 2014
2013 Revolving Credit Facility [Member]
Revolving Credit Facility [Member]
Minimum [Member]
Jul. 29, 2013
2013 Revolving Credit Facility [Member]
Revolving Credit Facility [Member]
Maximum [Member]
Mar. 31, 2014
2013 Revolving Credit Facility [Member]
Revolving Credit Facility [Member]
Federal Funds Rate [Member]
Mar. 31, 2014
2013 Revolving Credit Facility [Member]
Revolving Credit Facility [Member]
London Interbank Offered Rate (LIBOR) [Member]
Mar. 31, 2014
2013 Revolving Credit Facility [Member]
Revolving Credit Facility [Member]
London Interbank Offered Rate (LIBOR) [Member]
Minimum [Member]
Mar. 31, 2014
2013 Revolving Credit Facility [Member]
Revolving Credit Facility [Member]
London Interbank Offered Rate (LIBOR) [Member]
Maximum [Member]
Mar. 31, 2014
2013 Revolving Credit Facility [Member]
Revolving Credit Facility [Member]
Base Rate [Member]
Minimum [Member]
Mar. 31, 2014
2013 Revolving Credit Facility [Member]
Revolving Credit Facility [Member]
Base Rate [Member]
Maximum [Member]
Jul. 26, 2012
Additional Senior Notes [Member]
Mar. 31, 2014
Mortgage Indebtedness [Member]
Jan. 21, 2014
Mortgage Indebtedness [Member]
Dec. 31, 2013
Mortgage Indebtedness [Member]
May 05, 2014
Mortgage Indebtedness [Member]
Subsequent Event [Member]
Mar. 31, 2014
Mortgage Indebtedness [Member]
Fixed Rate Mortgages [Member]
Mar. 31, 2014
Mortgage Indebtedness [Member]
Variable Rate Mortgages [Member]
Jan. 23, 2014
Debt Instrument, Redemption, Period One [Member]
Senior Unsecured Notes due 2021 [Member]
Debt Instrument [Line Items]                                                                    
Principal Outstaning, Fixed Rate                                                       $ 100,335,000   $ 54,688,000        
Principal Outstaning, Variable Rate                                                       29,771,000 [1]   86,640,000 [1]        
Total Principal Outstanding                                                       130,106,000   141,328,000        
Debt Instrument, Description of Variable Rate Basis                                         federal funds rate one-month LIBOR           90-day LIBOR            
Debt Instrument, Basis Spread on Variable Rate                                         0.50% 1.00%           4.00%            
Debt Instrument, Interest Rate, Stated Percentage Rate Range, Minimum                                                       1.00%            
Debt Instrument, Interest Rate, Stated Percentage           5.50% 5.375%               8.125%                           4.25%   4.10%      
Expected Write-Offs in First Quarter of Next Fiscal Year Associated With Unamortized Deferred Financing Costs                                                       500,000            
Debt Instrument, Face Amount           350,000,000 200,000,000               225,000,000                       100,000,000   44,800,000   11,600,000      
Debt Instrument, Redemption Price, Principal Amount Redeemed                       113,800,000                                            
Debt Instrument, Redemption Price, Percentage of Principal Amount Redeemed                 35.00%     35.00%                                           35.00%
Debt Instrument, Redemption Price, Percentage, Using Proceeds of Specific Kinds of Equity Offerings                                                                   105.50%
Proceeds from Issuance of Debt           350,000,000 200,000,000                                                      
Proceeds from Debt, Net of Issuance Costs           340,800,000 194,600,000                                                      
Debt Instrument, Redeemable, Redemption Price of Principal Amount, Percentage                 105.375%             108.125%                                    
Line of Credit Facility, Maximum Borrowing Capacity                                   375,000,000                                
Line of Credit Facility, Accordion Feature, Additional Borrowing Capacity                                   225,000,000                                
Line of Credit Facility, Optional Extension Period                                 1 year                                  
Secured revolving credit facility 162,000,000   135,500,000   162,000,000                                                          
Line of Credit Facility, Current Borrowing Capacity                                 125,500,000                                  
Line of Credit Facility, Interest Rate During Period                                             2.50% 3.50% 1.50% 2.50%                
Line of Credit Facility, Interest Rate at Period End                                 3.15%                                  
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage                                     0.35% 0.50%                            
Interest Expense 11,134,000 10,002,000     1,200,000                                                          
Line of Credit Facility, Commitment Fee Amount         300,000                                                          
Amortization of deferred financing costs 945,000 766,000                                                                
Interest Payable 7,700,000   4,700,000                                                              
Gain (Loss) on extinguishment of debt (22,134,000) 0                     21,600,000 (9,800,000)                                        
Gains (Losses) on Extinguishment of Debt, before Write off of Deferred Debt Issuance Cost                         (20,800,000) 9,300,000                                        
Write off of Deferred Debt Issuance Cost                         800,000 500,000                                        
Debt, Weighted Average Interest Rate       5.00%                                               3.97%       3.66% 5.00%  
Long-term Debt 842,106,000                   211,300,000                                 130,106,000 [2]            
Extinguishment of Debt, Amount                   $ 400,000 $ 210,900,000                                              
Debt Instrument, Redemption Price, Percentage               100.00%   109.485% 109.837%                                             100.00%
[1] (1) Contractual interest rates under variable rate mortgages are equal to the 90-day LIBOR plus 4.0% (subject to a 1.0% LIBOR floor).
[2] (1) Subject to a one-year extension option.