XML 97 R72.htm IDEA: XBRL DOCUMENT v3.6.0.2
MORTGAGE AND OTHER INDEBTEDNESS, NET (Unsecured Lines of Credit and Unsecured Term Loans)(Details)
1 Months Ended 3 Months Ended 12 Months Ended
Oct. 31, 2015
USD ($)
extension_option
Mar. 31, 2015
Dec. 31, 2016
USD ($)
extension_option
credit_line
Dec. 31, 2015
USD ($)
credit_line
Debt Instrument [Line Items]        
Mortgage and other indebtedness, variable-rate debt     $ 888,770,000 $ 1,241,379,000
Weighted average interest rate (percent)     4.82% 4.54%
Mortgage and other indebtedness, net     $ 4,465,294,000 $ 4,710,628,000
Loan, outstanding amount     $ 3,594,379,000 3,485,308,000
Minimum        
Debt Instrument [Line Items]        
Number of extension options available | extension_option     1  
Unsecured lines of credit        
Debt Instrument [Line Items]        
Number of debt instruments | credit_line     3  
Secured credit facility, borrowing capacity     $ 1,100,000,000 $ 1,100,000,000
Credit facility, facility fee percentage     0.25%  
Weighted-average interest rate     1.82%  
Mortgage and other indebtedness, variable-rate debt     $ 6,024,000  
Unsecured lines of credit | LIBOR        
Debt Instrument [Line Items]        
Basis spread on variable rate (percent)     1.20%  
Unsecured lines of credit | Minimum        
Debt Instrument [Line Items]        
Credit facility, commitment fee percentage 0.125%   0.15%  
Unsecured lines of credit | Minimum | LIBOR        
Debt Instrument [Line Items]        
Basis spread on variable rate (percent) 0.875%   1.00%  
Unsecured lines of credit | Maximum        
Debt Instrument [Line Items]        
Credit facility, commitment fee percentage 0.30%   0.35%  
Unsecured lines of credit | Maximum | LIBOR        
Debt Instrument [Line Items]        
Basis spread on variable rate (percent) 1.55%   1.75%  
Unsecured lines of credit | Wells Fargo Bank        
Debt Instrument [Line Items]        
Credit facility, extension fee percentage     0.15%  
Unsecured lines of credit 3 and 4        
Debt Instrument [Line Items]        
Number of debt instruments | credit_line       2
Secured credit facility, borrowing capacity       $ 500,000,000
Unsecured line of credit 5        
Debt Instrument [Line Items]        
Secured credit facility, borrowing capacity       $ 100,000,000
Wells Fargo - Facility A        
Debt Instrument [Line Items]        
Secured credit facility, borrowing capacity     $ 500,000,000  
Mortgage and other indebtedness, variable-rate debt     0  
Amount outstanding on letter of credit     150,000  
First Tennessee        
Debt Instrument [Line Items]        
Secured credit facility, borrowing capacity     100,000,000  
Mortgage and other indebtedness, variable-rate debt     1,400,000  
Additional secured and unsecured lines of credit with commitment     $ 20,000,000  
First Tennessee | Wells Fargo Bank        
Debt Instrument [Line Items]        
Credit facility, extension fee percentage     0.20%  
Wells Fargo - Facility B        
Debt Instrument [Line Items]        
Secured credit facility, borrowing capacity     $ 500,000,000  
Mortgage and other indebtedness, variable-rate debt     4,624,000  
Amount outstanding on letter of credit     123,000  
Unsecured Line of Credit, Facilities A and B        
Debt Instrument [Line Items]        
Additional secured and unsecured lines of credit with commitment     $ 30,000,000  
Unsecured term loan 4        
Debt Instrument [Line Items]        
Mortgage and other indebtedness, variable-rate debt $ 350,000,000      
Number of extension options available | extension_option 2      
Extension option, term (years) 1 year      
Weighted average interest rate (percent)     1.94%  
Unsecured term loan 4 | Minimum | LIBOR        
Debt Instrument [Line Items]        
Basis spread on variable rate (percent) 0.90%      
Unsecured term loan 4 | Maximum | LIBOR        
Debt Instrument [Line Items]        
Basis spread on variable rate (percent) 1.75%      
Unsecured term loan 4 | Weighted Average | LIBOR        
Debt Instrument [Line Items]        
Basis spread on variable rate (percent) 1.35%      
Unsecured Term Loan 1        
Debt Instrument [Line Items]        
Weighted average interest rate (percent)     2.17%  
Debt instrument, face value     $ 400,000,000  
Mortgage and other indebtedness, net     $ 400,000,000  
Interest Rate at Repayment Date (percent)     2.12%  
Unsecured Term Loan 1 | LIBOR        
Debt Instrument [Line Items]        
Basis spread on variable rate (percent)     1.50%  
Unsecured Term Loan 2        
Debt Instrument [Line Items]        
Debt instrument, face value     $ 50,000,000  
Mortgage and other indebtedness, net     $ 50,000,000  
Unsecured Term Loan 2 | LIBOR        
Debt Instrument [Line Items]        
Basis spread on variable rate (percent)   1.90%   1.55%