Disclosure about Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2017

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

Carrying amounts and estimated fair values of financial instruments

		June 30, 2017				December 31, 2016
		Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial assets:
	Mortgage loans receivable	$	369,141	$	405,671	$	485,735	$	521,773
	Other real estate loans receivable		151,338		156,266		136,893		138,050
	Available-for-sale equity investments		11,422		11,422		27,899		27,899
	Cash and cash equivalents		442,284		442,284		419,378		419,378
	Foreign currency forward contracts		54,326		54,326		135,561		135,561
Financial liabilities:
	Borrowings under unsecured credit facilities	$	385,000	$	385,000	$	645,000	$	645,000
	Senior unsecured notes		8,250,940		9,088,276		8,161,619		8,879,176
	Secured debt		2,670,914		2,718,333		3,477,699		3,558,378
	Foreign currency forward contracts		10,426		10,426		4,342		4,342
Redeemable OP unitholder interests		$	111,149	$	111,149	$	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 June 30, 2017
	Total		Level 1		Level 2		Level 3
Available-for-sale equity investments(1)	$	11,422	$	11,422	$	-	$	-
Foreign currency forward contracts, net(2)		43,900		-		43,900		-
Redeemable OP unitholder interests		111,149		-		111,149		-
Totals	$	166,471	$	11,422	$	155,049	$	-
(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.