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Indebtedness (Tables)
3 Months Ended
Mar. 31, 2012
Indebtedness [Abstract]  
Information regarding indebtedness
                                         
    Outstanding Balance at     Interest
Rate  at
March 31, 2012
    Effective
Interest
Rate at Issuance
    Maturity Date  
    March 31,
2012
    December 31,
2011
       

Mortgage and Other Loans Payable, Net

  $ 687,139     $ 690,256       4.45% – 9.25%       4.45% – 9.25%      
 
January 2013-
October 2021
  
  

Unamortized Premiums

    (289     (305                        
   

 

 

   

 

 

                         

Mortgage and Other Loans Payable, Gross

  $ 686,850     $ 689,951                          
   

 

 

   

 

 

                         

Senior Unsecured Notes, Net

                                       

2016 Notes

  $ 159,469     $ 159,455       5.750%       5.91%       01/15/16  

2017 Notes

    59,602       59,600       7.500%       7.52%       12/01/17  

2027 Notes

    6,065       6,065       7.150%       7.11%       05/15/27  

2028 Notes

    124,465       124,894       7.600%       8.13%       07/15/28  

2012 Notes

    61,827       61,817       6.875%       6.85%       04/15/12  

2032 Notes

    34,687       34,683       7.750%       7.87%       04/15/32  

2014 Notes

    87,344       86,997       6.420%       6.54%       06/01/14  

2017 II Notes

    106,723       106,716       5.950%       6.37%       05/15/17  
   

 

 

   

 

 

                         

Subtotal

  $ 640,182     $ 640,227                          

Unamortized Discounts

    4,240       4,625                          
   

 

 

   

 

 

                         

Senior Unsecured Notes, Gross

  $ 644,422     $ 644,852                          
   

 

 

   

 

 

                         

Unsecured Credit Facility

  $ 115,000     $ 149,000       2.342%       2.342%       12/12/14  
   

 

 

   

 

 

                         
Early extinguishment of senior unsecured notes

During the three months ended March 31, 2012, we repurchased and retired the following senior unsecured notes prior to maturity:

 

                 
    Principal Amount
Repurchased
    Purchase Price  

2028 Notes

  $ 430     $ 406  
Schedule of Maturities of Long-term Debt
         
    Amount  

Remainder of 2012

  $ 71,417  

2013

    13,164  

2014

    271,063  

2015

    62,088  

2016

    293,467  

Thereafter

    735,073  
   

 

 

 

Total

  $ 1,446,272  
   

 

 

 
Summary of Indebtedness At Estimated Fair Value
                                 
    March 31, 2012     December 31, 2011  
    Carrying
Amount
    Fair
Value
    Carrying
Amount
    Fair
Value
 

Mortgage and Other Loans Payable, Net

  $ 687,139     $ 754,110     $ 690,256     $ 743,419  

Senior Unsecured Notes, Net

    640,182       639,824       640,227       630,622  

Unsecured Credit Facility

    115,000       115,000       149,000       149,000  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 1,442,321     $ 1,508,934     $ 1,479,483     $ 1,523,041