Debt (Tables)

6 Months Ended

Jun. 30, 2017

Debt Disclosure [Abstract]

Summary of Senior Notes Issuances

The following table summarizes the Company’s senior unsecured notes payoffs for the year ended December 31, 2016 (dollars in thousands):

Date	Amount		Coupon Rate
February 1, 2016	$	500,000	3.750	%
September 15, 2016	$	400,000	6.300	%
November 30, 2016	$	500,000	6.000	%
November 30, 2016	$	600,000	6.700	%

The following table summarizes the Company's senior unsecured note payoffs for the six months ended June 30, 2017 (dollars in thousands):

Date	Amount		Coupon Rate
May 1, 2017	$	250,000	5.625	%

Summary of Debt Maturities and Schedule Principal Repayments

The following table summarizes the Company’s stated debt maturities and scheduled principal repayments at June 30, 2017 (in thousands):

Year	Bank Line of Credit(1)		2015 Term Loan(2)			Senior Unsecured Notes(3)			Mortgage Debt(4)		Total(5)
2017 (six months)	$	—	$	—		$	—		$	1,685	$	1,685
2018	136,311		—			—			3,512		139,823
2019	—		219,396			450,000			3,700		673,096
2020	—		—			800,000			3,758		803,758
2021	—		—			1,200,000			11,117		1,211,117
Thereafter	—		—			4,500,000			116,481		4,616,481
	136,311		219,396			6,950,000			140,253		7,445,960
(Discounts), premium and debt costs, net	—		(564		)	(60,955		)	6,084		(55,435		)
	$	136,311	$	218,832		$	6,889,045		$	146,337	$	7,390,525

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(1) Represents £105 million translated into U.S. dollars (“USD”).

(2) Represents £169 million translated into USD.

(3) Effective interest rates on the notes ranged from 2.79% to 6.88% with a weighted average effective interest rate of 4.29% and a weighted average maturity of six years.

(4) Interest rates on the mortgage debt ranged from 2.99% to 5.91% with a weighted average effective interest rate of 4.23% and a weighted average maturity of twenty years.

(5) Excludes $95 million of other debt that have no scheduled maturities.