Disclosure about Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2017

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

Carrying amounts and estimated fair values of financial instruments

		March 31, 2017				December 31, 2016
		Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial assets:
	Mortgage loans receivable	$	430,607	$	465,548	$	485,735	$	521,773
	Other real estate loans receivable		143,473		149,151		136,893		138,050
	Available-for-sale equity investments		17,330		17,330		27,899		27,899
	Cash and cash equivalents		380,360		380,360		419,378		419,378
	Foreign currency forward contracts		110,439		110,439		135,561		135,561
Financial liabilities:
	Borrowings under unsecured credit facilities	$	522,000	$	522,000	$	645,000	$	645,000
	Senior unsecured notes		8,188,928		8,965,318		8,161,619		8,879,176
	Secured debt		2,669,787		2,728,171		3,477,699		3,558,378
	Foreign currency forward contracts		9,840		9,840		4,342		4,342
Redeemable OP unitholder interests		$	116,917	$	116,917	$	110,502	$	110,502

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

	Fair Value Measurements as of March 31, 2017
	Total		Level 1		Level 2		Level 3
Available-for-sale equity investments(1)	$	17,330	$	17,330	$	-	$	-
Foreign currency forward contracts, net(2)		100,599		-		100,599		-
Redeemable OP unitholder interests		116,917		-		116,917		-
Totals	$	234,846	$	17,330	$	217,516	$	-
(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.