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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2013
Fair Value Disclosures [Abstract]  
Fair value and carrying values for notes and bonds payable, mortgage notes receivable, and notes receivable
The table below details the fair value and carrying values for notes and bonds payable, mortgage notes receivable and notes receivable at September 30, 2013 and December 31, 2012.
 
September 30, 2013
 
December 31, 2012
(Dollars in millions)
Carrying Value
 
Fair Value
 
Carrying Value
 
Fair Value
Notes and bonds payable (1)
$
1,268.2


$
1,318.2


$
1,293.0


$
1,437.2

Mortgage notes receivable (2)
$
126.4


$
126.4


$
162.2


$
158.3

Notes receivable, net of allowances (2)
$
0.1


$
0.1


$
0.1


$
0.1


______
(1) Level 3 - Fair value derived from valuation techniques in which one or more significant inputs or significant value drivers are unobservable.
(2) Level 2 - Fair value based on quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which significant inputs and significant value drivers are observable in active markets.