Fair Values of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2015

Fair Value Disclosures [Abstract]

Carrying amounts and fair values of financial instruments

As of December 31, 2015 and 2014, the carrying amounts and fair values of our financial instruments were as follows:

	2015				2014
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
	(In thousands)
Assets:
Cash and cash equivalents	$	53,023	$	53,023	$	55,348	$	55,348
Secured loans receivable, net	793,433		816,849		739,766		748,842
Non-mortgage loans receivable, net	37,926		38,806		17,620		19,058
Government-sponsored pooled loan investments	63,679		63,679		63,115		63,115
Marketable securities	—		—		76,046		76,046
Liabilities:
Senior notes payable and other debt, gross	11,271,020		11,384,880		10,888,295		11,197,131
Derivative instruments and other liabilities	2,696		2,696		2,743		2,743
Redeemable OP unitholder interests	188,546		188,546		159,134		159,134