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Debt (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Debt
The following is a summary of our debt:
 
(Amounts in thousands)
Weighted Average
Interest Rate at
December 31, 2017
 
Balance at December 31,
 
 
2017
 
2016
Mortgages Payable:
 
 
 
 
 
Fixed rate
3.65%
 
$
5,461,706

 
$
5,479,547

Variable rate
3.33%
 
2,742,133

 
2,727,133

Total
3.54%
 
8,203,839

 
8,206,680

Deferred financing costs, net and other
 
 
(66,700
)
 
(93,432
)
Total, net
 
 
$
8,137,139

 
$
8,113,248


Unsecured Debt:
 
 
 
 
 
Senior unsecured notes
4.21%
 
$
850,000

 
$
850,000

Deferred financing costs, net and other
 
 
(6,386
)
 
(4,423
)
Senior unsecured notes, net
 
 
843,614

 
845,577

 
 
 
 
 
 
Unsecured term loan
2.68%
 
750,000

 
375,000

Deferred financing costs, net and other
 
 
(1,266
)
 
(2,785
)
Unsecured term loan, net
 
 
748,734

 
372,215

 
 
 
 
 
 
Unsecured revolving credit facilities
—%
 

 
115,630

 
 
 
 
 
 
Total, net
 
 
$
1,592,348

 
$
1,333,422

Schedule of Maturities of Long-Term Debt
As of December 31, 2017, the principal repayments required for the next five years and thereafter are as follows:
 
 
(Amounts in thousands)
Mortgages Payable
 
Senior Unsecured
Debt and Unsecured
Resolving Credit Unsecured Facilities
 
 
Year Ended December 31,
 
 
 
 
 
2018
$
2,009,030

 
$
750,000

 
 
2019
973,294

 

 
 
2020
1,867,567

 

 
 
2021
1,613,948

 

 
 
2022
950,000

 
400,000

 
 
Thereafter
790,000

 
450,000