XML 20 R48.htm IDEA: XBRL DOCUMENT v3.2.0.727
Fair Value Disclosures (Narrative) (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Mar. 31, 2014
Jun. 30, 2015
Dec. 31, 2014
May. 21, 2015
Mar. 31, 2015
Mortgage notes and related accrued interest receivable   $ 546,245 $ 507,955    
Investment in a direct financing lease, net   $ 189,203 $ 199,332 $ 4,700  
Finance lease investment weighted average interest rate   11.99%      
Minimum interest on investments in direct finance lease 11.74% 11.74% 11.99%    
Maximum interest on investments in direct finance lease 12.38% 12.38%      
Debt   $ 1,945,864 $ 1,645,523    
Fixed Rate Mortgage Notes Receivable [Member]          
Mortgage notes and related accrued interest receivable   $ 546,200 $ 508,000    
Weighted average interest rate of mortgage notes receivable   9.15% 9.07%    
Receivable interest rate minimum   5.50% 5.50%    
Receivable interest rate maximum   11.31% 11.31%    
Weighted market rate used for determining future cash flow for notes receivable   10.10% 10.13%    
Fair value of notes receivable   $ 530,900 $ 488,800    
Variable Rate Debt [Member]          
Debt   $ 410,000 $ 372,000    
Long-term debt, weighted average interest rate   1.42% 1.57%    
Variable Rate Converted to Fixed Rate [Member]          
Debt   $ 240,000 $ 240,000    
Fixed Rate Debt [Member]          
Debt     $ 1,270,000   $ 1,540,000
Long-term debt, weighted average interest rate   5.67% 5.94%    
Weighted market rate for determining fair value of debt   4.09% 3.76%    
Fair value of debt   $ 1,670,000      
Long-term Debt, Fair Value     $ 1,380,000    
Minimum [Member] | Fixed Rate Mortgage Notes Receivable [Member]          
market rate used as discount factor to determine fair value of notes   8.50% 9.00%    
Minimum [Member] | Fixed Rate Debt [Member]          
market rate used as discount factor to determine fair value of debt   2.41% 2.13%    
Maximum [Member] | Fixed Rate Mortgage Notes Receivable [Member]          
market rate used as discount factor to determine fair value of notes   11.31% 11.31%    
Maximum [Member] | Fixed Rate Debt [Member]          
market rate used as discount factor to determine fair value of debt   4.86% 4.56%