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Debt (Tables)
12 Months Ended
Dec. 31, 2014
Debt  
Summary of stated debt maturities and scheduled principal repayments

The following table summarizes the Company’s stated debt maturities and scheduled principal repayments at December 31, 2014 (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    

 

 

    

 

 

    

Senior Unsecured Notes

    

    

Mortgage Debt

    

    

 

 

 

 

 

Line of

 

 

 

 

 

 

Interest

 

 

 

 

Interest

 

 

 

 

 

Year

 

Credit(1)(2)

 

Term Loan(3)

 

Amount

 

Rate

 

 

Amount

 

Rate

 

 

Total(4)

 

2015

 

$

 

$

 

$

400,000 

 

6.57 

%

 

$

40,628 

 

3.58 

%

 

$

440,628 

 

2016

 

 

 

 

213,610 

 

 

900,000 

 

5.10 

%

 

 

292,222 

 

6.87 

%

 

 

1,405,832 

 

2017

 

 

 

 

 

 

750,000 

 

6.02 

%

 

 

581,891 

 

6.07 

%

 

 

1,331,891 

 

2018

 

 

838,516 

 

 

 

 

600,000 

 

6.82 

%

 

 

6,583 

 

5.90 

%

 

 

1,445,099 

 

2019

 

 

 

 

 

 

450,000 

 

3.96 

%

 

 

2,072 

 

 —

 

 

 

452,072 

 

Thereafter

 

 

 

 

 

 

4,550,000 

 

4.45 

%

 

 

63,170 

 

4.99 

%

 

 

4,613,170 

 

 

 

 

838,516 

 

 

213,610 

 

 

7,650,000 

 

4.95 

%

 

 

986,566 

 

6.16 

%

 

 

9,688,692 

 

Discounts, net

 

 

 

 

 

 

(23,806)

 

 

 

 

 

(2,135)

 

 

 

 

 

(25,941)

 

 

 

$

838,516 

 

$

213,610 

 

$

7,626,194 

 

 

 

 

$

984,431 

 

 

 

 

$

9,662,751 

 


(1)

Includes £355 million translated into U.S. dollars as of December 31, 2014.

(2)

In January 2015, the Company repaid all but £135 million outstanding under the Facility primarily with proceeds from the January 2015 senior unsecured notes issuance and term loan.

(3)

Represents £137 million translated into U.S. dollars.

(4)

Excludes $97 million of other debt that represents Life Care Bonds and Demand Notes that have no scheduled maturities.