SENIOR NOTES PAYABLE AND OTHER DEBT (Tables)

9 Months Ended

Sep. 30, 2015

Summary of Senior Notes Payable and Other Debt

The following is a summary of our senior notes payable and other debt as of September 30, 2015 and December 31, 2014:



	September 30, 2015			December 31, 2014
	(In thousands)
Unsecured revolving credit facility (1)	$	114,052		$	919,099
3.125% Senior Notes due 2015	—			400,000
6% Senior Notes due 2015	—			234,420
1.55% Senior Notes due 2016	550,000			550,000
1.250% Senior Notes due 2017	300,000			300,000
2.00% Senior Notes due 2018	700,000			700,000
Unsecured term loan due 2018 (3)	200,000			200,000
Unsecured term loan due 2019 (3)	472,036			790,634
4.00% Senior Notes due 2019	600,000			600,000
3.00% Senior Notes, Series A due 2019 (2)	300,482			344,204
2.700% Senior Notes due 2020	500,000			500,000
Unsecured term loan due 2020	900,000			—
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
3.300% Senior Notes due 2022 (2)	187,800			—
3.750% Senior Notes due 2024	400,000			400,000
4.125% Senior Notes, Series B due 2024 (2)	187,800			215,128
3.500% Senior Notes due 2025	600,000			—
4.125% Senior Notes due 2026	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
4.375% Senior Notes due 2045	300,000			—
Mortgage loans and other (4)	2,087,414			2,284,763
Total	11,333,707			10,872,371
Deferred financing costs, net	(71,978		)	(60,328		)
Unamortized fair value adjustment	36,408			41,853
Unamortized discounts	(29,577		)	(26,132		)
Senior notes payable and other debt	$	11,268,560		$	10,827,764


(1)	$17.1 million and $164.1 million of aggregate borrowings were in the form of Canadian dollars as of September 30, 2015 and December 31, 2014, respectively.


(2)	These borrowings are in the form of Canadian dollars.


(3)	These amounts represent in aggregate the $672 million of unsecured term loan borrowings under our unsecured credit facility, of which $93.4 million included in the 2019 tranche is in the form of Canadian dollars.

(4)

2015 excludes debt related to real estate assets classified as held for sale as of September 30, 2015. The total mortgage debt for these properties as of September 30, 2015 was $48.3 million and is included in accounts payable and other liabilities on our Consolidated Balance Sheet. 2014 excludes debt related to real estate assets classified as held for sale as of December 31, 2014. The total mortgage debt for these properties as of December 31, 2014 was $43.5 million and was included in liabilities related to assets held for sale on our Consolidated Balance Sheet.

Scheduled Maturities of Borrowing Arrangements and Other Provisions Excluding Capital Lease Obligations

As of September 30, 2015, our indebtedness had the following maturities:



	Principal Amount Due at Maturity		Unsecured Revolving Credit Facility (1)		Scheduled Periodic Amortization		Total Maturities
	(In thousands)
2015	$	9,057	$	—	$	9,052	$	18,109
2016	615,077		—		33,366		648,443
2017	822,764		—		29,493		852,257
2018	1,101,879		114,052		23,503		1,239,434
2019	1,920,978		—		15,901		1,936,879
Thereafter (2)	6,501,581		—		137,004		6,638,585
Total maturities	$	10,971,336	$	114,052	$	248,319	$	11,333,707


(1)	As of September 30, 2015, we had $65.2 million of unrestricted cash and cash equivalents, for $48.8 million of net borrowings 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.