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Unsecured Senior Notes (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Schedule of Senior Notes
The following summarizes the unsecured senior notes outstanding as of December 31, 2015 (dollars in thousands) (See also Note 20): 
 
Coupon/
Stated Rate
 
Effective
Rate(1)
 
Principal
Amount
 
Maturity Date(2)
10 Year Unsecured Senior Notes
5.875
%
 
5.967
%
 
$
700,000

 
October 15, 2019
10 Year Unsecured Senior Notes
5.625
%
 
5.708
%
 
700,000

 
November 15, 2020
10 Year Unsecured Senior Notes
4.125
%
 
4.289
%
 
850,000

 
May 15, 2021
7 Year Unsecured Senior Notes
3.700
%
 
3.853
%
 
850,000

 
November 15, 2018
11 Year Unsecured Senior Notes
3.850
%
 
3.954
%
 
1,000,000

 
February 1, 2023
10.5 Year Unsecured Senior Notes
3.125
%
 
3.279
%
 
500,000

 
September 1, 2023
10.5 Year Unsecured Senior Notes
3.800
%
 
3.916
%
 
700,000

 
February 1, 2024
Total principal
 
 
 
 
5,300,000

 
 
Net unamortized discount
 
 
 
 
(10,683
)
 
 
Total
 
 
 
 
$
5,289,317

 
 
_______________
(1)
Yield on issuance date including the effects of discounts on the notes and the amortization of financing costs.
(2)
No principal amounts are due prior to maturity.