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Debt (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]
The following tables summarize the Company’s unsecured note balances and certain interest rate and maturity date information as of and for the years ended December 31, 2016 and 2015, respectively:
December 31, 2016
(Amounts in thousands)
 
Net Principal Balance
 
Interest Rate Ranges
 
Weighted Average Interest Rate
 
Maturity Date Ranges
Fixed Rate Public Notes (1)
 
$
4,397,829

 
2.85% - 7.57%
 
4.90%
 
2017 - 2045
Floating Rate Public Notes (1)
 
450,250

 
(1)
 
1.28%
 
2019
Totals
 
$
4,848,079

 
 
 
 
 
 


December 31, 2015
(Amounts in thousands)
 
Net Principal Balance
 
Interest Rate Ranges
 
Weighted Average Interest Rate
 
Maturity Date Ranges
Fixed Rate Public Notes (1)
 
$
5,397,552

 
3.00% - 7.57%
 
5.30%
 
2016 - 2045
Floating Rate Public Notes (1)
 
451,404

 
(1)
 
0.93%
 
2019
Totals
 
$
5,848,956

 
 
 
 
 
 

(1)
Fair value interest rate swaps convert the $450.0 million 2.375% notes due July 1, 2019 to a floating interest rate of 90-Day LIBOR plus 0.61%.

Aggregate payments of principal on unsecured notes payable
The following table provides a summary of the aggregate payments of principal on all debt for each of the next five years and thereafter as of December 31, 2016 (amounts in thousands):
Year
 
Total
2017
 
$
628,458

2018
 
184,369

2019
 
1,286,037

2020
 
1,690,090

2021
 
941,157

Thereafter
 
4,366,516

Deferred Financing Costs
 
(42,617
)
Net Unamortized (Discount)
 
(66,752
)
Total
 
$
8,987,258