SENIOR NOTES PAYABLE AND OTHER DEBT (Tables)

3 Months Ended

Mar. 31, 2019

Summary of Senior Notes Payable and Other Debt

The following is a summary of our senior notes payable and other debt:



	As of March 31, 2019			As of December 31, 2018
	(In thousands)
Unsecured revolving credit facility ⁽¹⁾	$	52,135		$	765,919
Commercial paper notes	195,000			—
Secured revolving construction credit facility due 2022	104,629			90,488
3.00% Senior Notes, Series A due 2019 ⁽²⁾	299,760			293,319
2.70% Senior Notes due 2020	500,000			500,000
4.25% Senior Notes due 2022	600,000			600,000
3.25% Senior Notes due 2022	500,000			500,000
3.30% Senior Notes, Series C due 2022 ⁽²⁾	187,350			183,325
Unsecured term loan due 2023	300,000			300,000
3.125% Senior Notes due 2023	400,000			400,000
3.10% Senior Notes due 2023	400,000			400,000
2.55% Senior Notes, Series D due 2023 ⁽²⁾	206,085			201,657
Unsecured term loan due 2024	600,000			600,000
3.50% Senior Notes due 2024	400,000			—
3.75% Senior Notes due 2024	400,000			400,000
4.125% Senior Notes, Series B due 2024 ⁽²⁾	187,350			183,324
3.50% Senior Notes due 2025	600,000			600,000
4.125% Senior Notes due 2026	500,000			500,000
3.25% Senior Notes due 2026	450,000			450,000
3.85% Senior Notes due 2027	400,000			400,000
4.00% Senior Notes due 2028	650,000			650,000
4.40% Senior Notes due 2029	750,000			750,000
6.90% Senior Notes due 2037	52,400			52,400
6.59% Senior Notes due 2038	22,823			22,823
5.45% Senior Notes due 2043	—			258,750
5.70% Senior Notes due 2043	300,000			300,000
4.375% Senior Notes due 2045	300,000			300,000
4.875% Senior Notes due 2049	300,000			—
Mortgage loans and other	1,131,646			1,127,697
Total	10,789,178			10,829,702
Deferred financing costs, net	(83,117		)	(69,615		)
Unamortized fair value adjustment	9,584			(1,163		)
Unamortized discounts	(25,469		)	(25,225		)
Senior notes payable and other debt	$	10,690,176		$	10,733,699


⁽¹⁾	As of March 31, 2019 and December 31, 2018, respectively, $24.0 million and $23.1 million of aggregate borrowings were denominated in Canadian dollars. Aggregate borrowings of $28.2 million and $27.8 million were denominated in British pounds as of March 31, 2019 and December 31, 2018, respectively.

⁽²⁾

Canadian Dollar debt obligations converted to US Dollars.

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

As of March 31, 2019, our indebtedness had the following maturities:



	Principal Amount Due at Maturity		Unsecured Revolving Credit Facility and Commercial Paper Notes ⁽¹⁾		Scheduled Periodic Amortization		Total Maturities
	(In thousands)
2019	$	397,176	$	195,000	$	12,080	$	604,256
2020	596,590		—		15,322		611,912
2021	67,316		52,135		14,232		133,683
2022	1,510,316		—		12,743		1,523,059
2023	1,546,722		—		9,104		1,555,826
Thereafter ⁽²⁾	6,280,279		—		80,163		6,360,442
Total maturities	$	10,398,399	$	247,135	$	143,644	$	10,789,178


⁽¹⁾	At March 31, 2019, we had $82.5 million of unrestricted cash and cash equivalents, for $164.6 million of net borrowings outstanding under our unsecured revolving credit facility and commercial paper program.

⁽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, 2027, and $22.8 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 2023 and 2028.