Disclosure about Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2015


		June 30, 2015				December 31, 2014
		Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial assets:
	Mortgage loans receivable	$	564,056	$	592,280	$	188,651	$	194,935
	Other real estate loans receivable		196,487		196,793		191,518		195,375
	Available-for-sale equity investments		43,326		43,326		-		-
	Cash and cash equivalents		217,942		217,942		473,726		473,726
	Foreign currency forward contracts		35,377		35,377		57,087		57,087

Financial liabilities:
	Borrowings under unsecured credit facilities	$	350,000	$	350,000	$	-	$	-
	Senior unsecured notes		8,060,493		8,639,898		7,766,251		8,613,702
	Secured debt		3,066,633		3,117,499		2,977,713		3,053,067
	Foreign currency forward contracts		16,465		16,465		1,495		1,495
Redeemable OP unitholder interests			114,886		114,886		46,722		46,722


	Fair Value Measurements as of June 30, 2015
	Total		Level 1		Level 2		Level 3
Available-for-sale equity investments⁽¹⁾	$	43,326	$	43,326	$	-	$	-
Foreign currency forward contracts, net⁽²⁾		18,912		-		18,912		-
Redeemable OP unitholder interests		114,886		-		114,886		-
Totals	$	177,124		43,326	$	133,798	$	-

(1) Unrealized gains or losses on equity investments are recorded in accumulated other comprehensive income (loss) at each measurement date.
(2) Please see Note 11 for additional information.