XML 41 R24.htm IDEA: XBRL DOCUMENT v3.19.1
Indebtedness (Tables)
3 Months Ended
Mar. 31, 2019
Debt Disclosure [Abstract]  
Fair Value, Liabilities Measured on a Recurring Basis, Disclosure Only The following table summarizes the book value and changes in the fair value of our debt (in thousands):
 
Book Value at 12/31/2018
 
Book Value at 3/31/2019
 
Fair Value at 12/31/2018
 
Issuances and
Assumptions
 
Payments/Payoffs
 
Adjustments
to Fair Value
 
Fair Value at 3/31/2019
Fixed rate secured debt
$
77,601

 
$
34,900

 
$
80,238

 
$

 
$
(42,665
)
 
$
(380
)
 
$
37,193

Variable rate secured debt
2,200

 
2,200

 
2,200

 

 

 

 
2,200

Unsecured debt
2,575,000

 
2,575,000

 
2,549,963

 

 

 
80,200

 
2,630,163

Unsecured line of credit
30,000

 
240,000

 
30,000

 
210,000

 

 

 
240,000

Total
$
2,684,801

 
$
2,852,100

 
$
2,662,401

 
$
210,000

 
$
(42,665
)
 
$
79,820

 
$
2,909,556

Less: Deferred financing costs
26,300

 
25,276

 
 
 
 
 
 
 
 
 
 
Total indebtedness as reported on the consolidated balance sheets
$
2,658,501

 
$
2,826,824

 
 
 
 
 
 
 
 
 
 
Unsecured Line of Credit Our unsecured line of credit at March 31, 2019 is described as follows (in thousands):
Description
Borrowing
Capacity
 
Maturity Date
 
Outstanding Balance at March 31, 2019
Unsecured Line of Credit - Partnership
$
1,200,000

 
January 30, 2022
 
$
240,000