Disclosure about Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2014

Disclosure about Fair Value of Financial Instruments (Tables) [Abstract]

Carrying amounts and estimated fair values of financial instruments

		September 30, 2014				December 31, 2013
		Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial assets:
	Mortgage loans receivable	$	102,241	$	104,786	$	146,987	$	148,088
	Other real estate loans receivable		215,980		217,952		185,159		188,920
	Available-for-sale equity investments		-		-		1,211		1,211
	Cash and cash equivalents		998,678		998,678		158,780		158,780
	Foreign currency forward contracts		46,183		46,183		-		-
	Interest rate swap agreements		1		1		38		38
Financial liabilities:
	Borrowings under unsecured credit facilities	$	-	$	-	$	130,000	$	130,000
	Senior unsecured notes		7,305,414		8,034,352		7,379,308		7,743,730
	Secured debt		2,893,814		2,953,223		3,058,248		3,168,775
	Foreign currency forward contracts		14,756		14,756		11,637		11,637
Redeemable OP unitholder interests			39,987		39,987		-		-

The Market approach utilized to measure fair value of financial assets and liabilities on recurring basis

	Fair Value Measurements as of September 30, 2014
	Total		Level 1		Level 2		Level 3
Interest rate swap agreements, net(1)	$	1	$	-	$	1	$	-
Foreign currency forward contracts, net(1)		31,427		-		31,427		-
Redeemable OP unitholder interests		39,987		-		39,987		-
Totals	$	71,415		-	$	71,415	$	-
(1) Please see Note 11 for additional information.