SENIOR NOTES PAYABLE AND OTHER DEBT (Tables)

3 Months Ended

Mar. 31, 2014

The following is a summary of our senior notes payable and other debt as of March 31, 2014 and December 31, 2013:



	March 31, 2014			December 31, 2013
	(In thousands)
Unsecured revolving credit facility (1)	$	559,299		$	376,343
3.125% Senior Notes due 2015	400,000			400,000
6% Senior Notes due 2015	234,420			234,420
1.55% Senior Notes due 2016	550,000			550,000
2.00% Senior Notes due 2018	700,000			700,000
Unsecured term loan due 2018 (2)	200,000			200,000
Unsecured term loan due 2019 (2)	796,165			800,702
4.00% Senior Notes due 2019	600,000			600,000
2.700% Senior Notes due 2020	500,000			500,000
4.750% Senior Notes due 2021	700,000			700,000
4.25% Senior Notes due 2022	600,000			600,000
3.25% Senior Notes due 2022	500,000			500,000
6.90% Senior Notes due 2037	52,400			52,400
6.59% Senior Notes due 2038	22,973			22,973
5.45% Senior Notes due 2043	258,750			258,750
5.70% Senior Notes due 2043	300,000			300,000
Mortgage loans and other (3)	2,468,629			2,524,889
Total	9,442,636			9,320,477
Unamortized fair value adjustment	62,578			69,611
Unamortized discounts	(24,163		)	(25,096		)
Senior notes payable and other debt	$	9,481,051		$	9,364,992


(1)	$192.3 million of aggregate borrowings were in the form of Canadian dollars or pounds sterling as of March 31, 2014. Subsequent to March 31, 2014, we repaid substantially all amounts outstanding under our unsecured revolving credit facility.


(2)	These amounts represent in aggregate the approximate $1.0 billion of unsecured term loan borrowings under our unsecured credit facility. $112.6 million of borrowings included in the 2019 tranche are in the form of Canadian dollars.


(3)	Excludes debt related to a real estate asset classified as held for sale as of December 31, 2013 and sold in March 2014. The total mortgage debt for this property as of December 31, 2013 was $13.1 million and was included in accounts payable and other liabilities on our Consolidated Balance Sheets.

As of March 31, 2014, our indebtedness had the following maturities:



	Principal Amount Due at Maturity		Unsecured Revolving Credit Facility (1)		Scheduled Periodic Amortization		Total Maturities
	(In thousands)
2014	$	62,634	$	—	$	34,197	$	96,831
2015	918,459		—		40,730		959,189
2016	960,917		—		33,708		994,625
2017	540,072		—		21,964		562,036
2018	1,082,497		559,299		15,446		1,657,242
Thereafter (2)	5,025,751		—		146,962		5,172,713
Total maturities	$	8,590,330	$	559,299	$	293,007	$	9,442,636


(1)	As of March 31, 2014, we had $59.8 million of unrestricted cash and cash equivalents, for $499.5 million of net borrowings outstanding under our unsecured revolving credit facility. Subsequent to March 31, 2014, we repaid substantially all amounts outstanding under our unsecured revolving credit facility.


(2)	Includes $52.4 million aggregate principal amount of our 6.90% senior notes due 2037 that is subject to repurchase, at the option of the holders, on October 1 in each of 2017 and 2027, and $23.0 million aggregate principal amount of 6.59% senior notes due 2038 that is subject to repurchase, at the option of the holders, on July 7 in each of 2018, 2023 and 2028.