Debt (Tables)

3 Months Ended

Mar. 31, 2015

Debt

Summary of senior notes issuances (dollars in thousands)

Period	Amount		Coupon Rate			Maturity Date		Net Proceeds
Three months ending March 31, 2015:
January 21, 2015	$	600,000		3.400	%		2025	$	591,000
Year ending December 31, 2014:
August 14, 2014	$	800,000		3.875	%		2024	$	792,000
February 21, 2014	$	350,000		4.200	%		2024	$	346,000

Summary of senior notes payoffs (dollars in thousands)

Period	Amount		Coupon Rate
Three months ending March 31, 2015:
March 1, 2015	$	200,000		6.00	%
Year ending December 31, 2014:
February 1, 2014	$	400,000		2.70	%
June 14, 2014	$	62,000		6.00	%
June 14, 2014	$	25,000		3 Month LIBOR+0.9	%

Summary of stated debt maturities and scheduled principal repayments (in thousands)

					Senior
	Bank Line of				Unsecured		Mortgage
Year	Credit(1)		Term Loans(2)		Notes(3)		Debt		Total(4)
2015 (Nine months)	$	—	$	—	$	200,000	$	35,549	$	235,549
2016		—		203,404		900,000		292,222		1,395,626
2017		—		—		750,000		581,891		1,331,891
2018		358,555		—		600,000		6,583		965,138
2019		—		326,634		450,000		2,072		778,706
Thereafter		—		—		5,150,000		63,170		5,213,170
		358,555		530,038		8,050,000		981,487		9,920,080
Discounts, net		—		—		(27,467)		(1,597)		(29,064)
	$	358,555	$	530,038	$	8,022,533	$	979,890	$	9,891,016

(1)  Represents £242 million translated into U.S. dollars.

(2)  Represents £357 million translated into U.S. dollars.

(3)  Interest rates on the notes ranged from 2.79% to 6.99% with a weighted average effective interest rate of 4.82% and a weighted average maturity of six years.

(4)  Excludes $96 million of other debt that represents Life Care Bonds and Demand Notes that have no scheduled maturities.