Mortgages Payable (Tables) (Mortgages)

6 Months Ended

Jun. 30, 2013

Mortgages

Credit facility

Summary of Mortgages payable

The following is a summary of all our mortgages payable as of June 30, 2013 and December 31, 2012, respectively (dollars in thousands):

		Weighted	Weighted	Weighted
		Average	Average	Average
		Stated	Effective	Remaining	Remaining		Unamortized		Mortgage
	Number of	Interest	Interest	Years Until	Principal		Premium		Payable
As Of	Properties(1)	Rate(2)	Rate(3)	Maturity	Balance		Balance		Balance
6/30/13	229	5.4%	3.9%	4.5	$	793,217	$	33,892	$	827,109
12/31/12	11	5.8%	4.4%	4.8	$	165,927	$	9,941	$	175,868

Schedule of maturity mortgages payable, excluding net premiums

The following table summarizes the maturity of mortgages payable, excluding net premiums of $33.9 million, as of June 30, 2013 (dollars in millions):

Year of
Maturity
2013	$	24.3
2014	64.4
2015	125.5
2016	248.4
2017	133.0
Thereafter	197.6
Totals	$	793.2